CYBR: Potential BuyI'd be cautious to see if the channel holds. I'm a gambling addict. Areas marked to look out for. Target at $280.Longby M0_BTCUpdated 0
CYBR longCyber stocks sold off last week on he back of PANW weaker than expected earnings. However, CYBR reported very strong results a couple week back on 2/8 and dipped in sympathy with the group last week. Notice how CYBR filled its earnings gap and closed above its Feb Value Area (using the MarketWebs Indicator) and bounced off its 50d MA, indicating that buyers took advantage of the dip. I like a long here vs top of Feb Value Area support $235.1 and look for new highs in CYBR. Longby ChristianFromhertz0
CYBR (Long) - Cybersecurity charts are too good right nowFundamentals I have recently published a trade idea for another cybersecurity stock ( NASDAQ:QLYS ) and seems to have become a theme. The cybersecurity sector is rallying on the back of geopolitical tensions and some stocks, like NASDAQ:CYBR have put some lovely technical setups The fundamentals here are not as pristine as in the case of NASDAQ:QLYS , but they are still robust The revenue growth is strong and has remained robust and consistent; the sales have grown nearly 1500% in the past decade, from 47m to $700m The company has a healthy balance sheet with a reasonable level of debt The valuation is elevated , but that is to be expected for stocks with a lot of momentum. However, here I am attracted more to the technical setup Technicals Anyone who has seen my other trade ideas knows that a solid base with a high-volume breakout is a vital part of my analysis. Here, we have a base which has been forming over a three-year period . Usually, the longer the period, the more robust the base. Last week, the base broke on a release of strong earnings followed by a higher-than-average volume, and most importantly, we have seen follow-through in price, suggesting the breakout likely has legs Other indicators suggest continuing momentum and the overall sector is also remaining strong and in support of the rally Trade The price is a bit far off from the breakout point, so it currently does not offer the most ideal entry point. I would probably suggest waiting for a pullback or at least a consolidation as the stock is slightly extended on the daily. However, for someone with a more long-term outlook , this price represents an entry as good as any Suggested stop-loss is at the breakout point. A caveat would be if the stock fell back and through the breakout point. One should also watch for the performance of the overall industry . For that, I can recommend the cybersecurity ETF AMEX:HACK Follow me for more analysis & Feel free to ask any questions you have, I am happy to help If you like my content, Please leave a like, comment or a donation , it motivates me to keep producing ideas, thank you :)Longby jurajholik1
$CYBR 3 Weeks Tight / Breakout & RetestIDX:CYBR is in the internet security business and this sector is looking healthy. I like this one for several reasons. First, it is in an upward sloping trend channel. It has just closed in a 3-week tight pattern. CYBR has also been testing the area of resistance to the upside for a few months. It broke out 6 weeks ago but did not have the volume. However, it did have a volume pocket pivot 3 weeks before that. Since that break-out it has come back to retest the upward sloping channel line and broke out again from that resistance area. I do not have a position, but I will be looking to start one if the market is positive next week and this moves above $169 where I have my alert. All TBD. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking. Longby jaxdogUpdated 0
$CYBR seems ready to take offNASDAQ:CYBR seems to fuel its tank to break that multi monthly resistance. First target is about $200.Longby alexmerax0
CYBR CyberArk Software and the Cyber WarfareCyberArk focuses on privileged access security solutions, helping organizations protect against cyber threats targeting privileged accounts and credentials. In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could potentially benefit cybersecurity stocks in the market. These attacks highlight the vulnerabilities present in the software systems used by government entities, underscoring the urgent need for robust cybersecurity solutions. The fact that the U.S. Cybersecurity and Infrastructure Security Agency is actively investigating the breach indicates the seriousness of the situation and the government's commitment to addressing these security threats. As such, there may be a heightened emphasis on strengthening cybersecurity infrastructure and investing in advanced technologies to defend against future attacks. The reported involvement of a Russian-speaking hacking group known as CLOP in previous attacks serves as a reminder of the persistent and evolving nature of cyber warfare. This continuous threat landscape necessitates ongoing innovation and investment in cybersecurity. Considering these factors, cybersecurity stocks have the potential to experience an upward trajectory. Companies specializing in threat intelligence, network security, endpoint protection, and data encryption could be in high demand as organizations and governments seek to fortify their defenses against cyber threats. My Price Target for CYBR is $163 by the end of the year. Looking forward to read your opinion about it!Longby TopgOptions1
Buy call 16 June Exp Target 160-161. Hold for weeks Supporting day candle patters. Reversing back by bauble bottom. Possible breakout upside. by westcoasttrader07112
$CYBR: Trend reversalLooks like the rally in $CYBR is done here, as long as below $148 give or take, we can expect downside action from here onwards. The target and time duration of the move could evolve and change slightly but if the stop holds the trend will likely remain down. Best of luck! Cheers, Ivan Labrie.Shortby IvanLabrie1
RectanglePrice action appears to be bound by 2 horizontal trendlines for the time being. Earnings are 11-3 BMO. Neutral pattern until a line is broken. Short interest is around 5.2%. No recommendation. Target 1 to the upside is in larger green type. Targets if this breaks down are in orange with T1 in larger type than T2. The 50% retracement of the trend up is just about the same as the bottom trendline of this horizontal trading channel. CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sales software-based security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager that offers risk-based credential security and session management to protect against attacks involving privileged access; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide fast, easy, and secure privileged access to third-party vendors; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Cloud Entitlements Manager, a SaaS solution, which reduces risk that arises from excessive privileges by implementing least privilege across cloud environments. The company also offers robust Identity and Access Management as a Services, such as workforce identity, which offers adaptive multi-factor authentication (MFA), single sign-on, secure Web sessions, application gateway, identity lifecycle management, and directory services; and customer identity services that provides authentication and authorization services, MFA, directory, and user management to enable organizations to provide their customers with easy and secure access to websites and applications. In addition, it offers Secrets Manager Credential Providers to provide and manage the credentials used by third-party solutions; and Secrets Manager Conjur for cloud-native applications. The company provides its products to financial services, manufacturing, insurance, healthcare, energy and utilities, transportation, retail, technology, and telecommunications industries; and government agencies through direct sales force, as well as distributors, systems integrators, value-added resellers, and managed security service providers. CyberArk Software Ltd. was founded in 1999 and is headquartered in Petah Tikva, Israel.by lauralea1
Head and ShouldersComplicated head and shoulders with an extra right shoulder. If this breaks down with a downtrend, possible stop above neckline. Price is dangling below the neckline with a red spinning top and trying to hold on. The neckline is a strong source of support until broken with a downtrend. The pattern is not valid until the neckline is broken with a downtrend and I have seen some securities barely break and come back over it and resume an uptrend again. Other securities may flirt with the neckline but fail to break it at that time and can bounce off the neckline and resume another uptrend.. To place the neckline, the first step is to locate the left shoulder, head, and right shoulder on the chart. In the standard head and shoulders pattern (market top), we connect the low after the left shoulder with the low created after the head. The neckline is often not a straight line. It can slope and often does. The neckline is involved in setting targets and the bullish inverse head and shoulders also has a neckline, but the goal is to break up through the neckline with an uptrend and is opposite of a head and shoulders top. Some would measure the distance from the second peak (head) to the neckline. You can use the magnet to project this line down from the neckline and get a guesstimate of where price may go. Price does not always fall this far, and can sometimes fall more. This would be an approximate 100% fall mark, but lesser and greater fib levels can be associated with the fall. The pattern is not valid until a downtrend occurs after the break of the neckline so there are 2 conditions that must be met to validify this pattern. A break of neckline has occurred. There is Not a confirmed downtrend. Price is below the bottom Bollinger band set on an 80 SMA. This can be considered bearish by many, but sometimes there will be a snap back to the inside of the bands. Price below the bands is associated with oversold status and CYBR is oversold on daily RSI. Securities can remain oversold or hang out down there for extended periods of time, especially if there is a lot of supply at that level. Targets 1 are in larger orange type and targets 2, if met, are in smaller orange type. Short interest is 4.96% with 5.2 days to cover. Short interest increased 11% on the last trading day. No recommendation. A chart is just an XRAY of supply and demand.Shortby lauralea0
$CYBR: The Future Is NowCYBR is setting up for a massive weekly/monthly move and I think it's important that traders get positioned for the potential move. Earnings were significantly better than estimates and I suspect they still have plenty of room to growLongby Fox_Technicals0
Expect reversal down in CYBRI have high confidence this will be going back down. This is based on my dowsing work and I expect it to start later today. I actually received this pic on the 2nd, and figured out now was the time frame for the trade. They had earnings yesterday morning or Wed. night and, apparently, they guided down. So why an upgrade today? Anyway, I have this as a scene of the "crime" type trade and will expect it to completely reverse this move up. It's cool too cuz puts are cheap here. Btw, I don't look at the actual news on these things. The guidance is what my husband told me he read.Shortby JenRzUpdated 0
Bull flag.. Cybr.. Consolidiating in the Form of a bull flag after a 17% move. Conformation would be a move over 158. Target price ATH 169. White house having a cybr security meeting Aug 25th which could be the catalyst for a breakout Longby ContraryTrader0
Cybr breakout (Long)Ransomware attacks might be the catalyst to break this stock out of its downtrend. closed today right under 100ma. Volume has been picking up steadily last few days.Longby ContraryTrader112
ABC BullishAlso looks like a bull flag is forming. Long entry for a bull flag is a break of the resistance (top trendline) with an uptrend. Long entry for ABC Bullish is a break of the BC leg with an uptrend. No recommendation.Longby lauraleaUpdated 1
Do not gamble on earnings This stock is a perfect example of why you shouldn't yolo trades on earnings. The pattern looked great, and the stock is very bullish and also in a great sector. However, something happened on earnings. I don't really care what happened all I know is it effected the stock price severely. The thing about earning is that a company could come out with the best possible news but end up still tanking the stock price. Why? I have no idea and neither do you. best bet is to not trade earnings .Educationby The_Level_Two223
$CYBR Breakout SetupCyberArk reported earning this morning and looks to be setting up for a nice breakout to ATH. Get it on your watch list. Cyberark Software Ltd (CYBR)- ISRAELI PROVIDER OF NETWORK SECURITY SOFTWARE FOCUSED ON PROTECTING PRIVILEGED ACCOUNTSLongby TaPlot1
CYBR EarningsWell, NUAN earnings trade didn't get me much, I flipped yesterday morning for beer money profits. Trying again with another overbloated stock, CYBR.by hungry_hippoUpdated 1
Ascending Triangle imminent Entry 166.50$ Target 182$.(Fib) needs to break 166.50Longby ContraryTrader0
$CYBR setting up nicely$CYBR is setting up nicely to go much higher, but earnings in 1 day. Staying out at the moment but it has a nice gap to fill higher.Longby SummitsTradingUpdated 2
Symmetrical TriangleEarnings 8-4 BMO Symmetrical Triangles can go either way Cybr does not miss earnings often. Does not mean anything as a stock can go down with an earnings beat as we all know Broken from S Triangle but appears to be pulling back right now. Short interest a bit higher that I like. Not a recommendation No rising wedges notedLongby lauralea3