Check Point Holding SupportCHKP is looking like a strong buy in this really tough market environment. It has held up well through poor overall market conditions. We have some downward momentum on the daily the price has completely ignored and reversed with someone bullish momentum. Weekly momentum is strong and weekly price a
30,546.95
0.02 BRL
4.56 B BRL
13.83 B BRL
About Check Point Software Technologies Ltd.
Sector
Industry
CEO
Nadav Zafrir
Website
Headquarters
Tel Aviv
Founded
1993
ISIN
BRC1HKBDR005
FIGI
BBG00RD5WPX7
Check Point Software Technologies Ltd. is engaged in the development and marketing of software and hardware solutions for information technology security. Its products include Quantum, CloudGuard, Harmony, and Infinity-Vision. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.
5/21/24 - $chkp - re-running #s, prefer other names at curr val 5/21/24 - vrockstar - 1 bn fcf on 15 bn ev is MSD fcf yield, ok, 15x PE on msd rev grow and 10% eps growth, ok. 6x sales meh, like 5x more for this growth when comp to similar or better growth B2B/non cyber names. not outgrowing leaders is drawback in this industry. israel geo also tends to get disc
CHKP - Ascending Scallop With W PatternsThe scallop pattern is nearly finishing with price settling at the top of the pattern.
I expect a move upwards to conclude a W like structure that I have pasted with the bars pattern tool.
Similar W patterns can be seen in the past along the ascending scallop.
$CHKP breaking its 15 month base! Pullback recovering.* Excellent earnings
* Very strong up trend on the longer time frame
* Breaking out of a 15 month base
* Sector: Technology - Software - Application
* Relative Strength vs. Sector: 3.81
* Relative Strength vs. SP500: 10.48
* U/D Ratio: 1.95
* Base Depth: 25.82%
* Distance from breakout buy point: 1.
$CHKP long-term buy (5/5)Conviction: 5/5
General Thesis
bounce from long-term support (1997), although it was broken in 1998
although a bit of indecision around 2000 peak (dash line)
Weekly RSI not quite at historical BEST buy point, but quite good
hovering near 200W MA
Growth
Margins high and stable
gr
Bullish CHKP in about a week!This stock has shown a tendency to bottom out for exactly 7/14 days. I'd personally strongly consider buying the 110 calls for 400$ (exp dec 17) on Friday if no move has happened by then so I could own the position prior to Monday.
Naturally, don't actually do that. These are just my speculations.
CHKP. Perfect up-trending price action.If this doesn't work I will make me feel like an idiot.
I spent a lot longer on the scanner than usual trying to find a "perfect" setup, and I finally came across this picture perfect up trending action.
The chart as a whole is not great up trending overall, but this recent action is enough to f
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.