CYBRI don't know ewave much at all, but if this is a 5Wave, I'm thinking the target around 70ish. If a Cup and Handle, much higher.
CYBR/N trade ideas
Long $CYBRriding on the cyber security theme, anticipation for Cup n Handle breakout.
bounce off long term sloping trendline and near 50 DMA
entry $62.00, stop $60.00, trailing stop
Cyberark - Are You Ready For A Break Out??You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money...
Cyber Security. That is like music to my ears. There isn't a day that goes by that I don't wonder what the next major computer hack will be. Today I again heard about the guy who claimed to hack into airline computers and control a plane. Let's hope he is not on my flight this week!
It doesn't matter whether we believe any of these hacking reports or not. What matters is these events are being reported on in the media. The reality is that large companies have confirmed they have been hacked. From retailers, to banks, to tech companies. This is a whole new industry.
If you look at the left side of the chart you will see that CYBR did not pop immediately upon its Initial Public Offering (IPO). It actually languished for a couple weeks before zooming up to about $70. Problem is, it immediately started falling back to reality - the $48 to $50 range. From there, it took a much more leisurely climb to the $69 level. On the way up, it paused around the $60 level.
Yesterday, after a controlled pull back, CYBR was back down to the $60 level (again). If you take a look at DT 1, you will notice that the price of CYBR stayed below DT 1 with exception of 3 days and today. I like the chances of CYBR going higher if it stays above DT 1.
Take a look at DT 2. This downtrend line give us an upper boundary for the CYBR price action.
One more thing. Notice that back in April 2015 the $60 level was resistance. Now, in May 2015, the $60 level is acting as support.
If you ask me what I am looking for it is "Follow Through". CYBR needs to continue higher. It needs to close above DT 2. And stay there. But that is only if CYBR is going to go higher. If CYBR is going to go lower it has to close below the $60ish level. And stay there.
If CYBR want to prove itself. It should be able to stay above the $61.60 ish level from here on out. Any spike up and fall back to the $60ish level would lead me to believe the stock may go sideways for a little bit. When CYBR gets above today's high, that will be a signal to get long or add to your current position. If all of this happens, $68 to $70 could be the next area it has trouble.
If CYBR is just sucking people in to go lower, it should drop below DT 1 fairly quickly. Then it will drop below the "resistance becomes support" horizontal line. If you don't believe in CYBR going higher then try your short at the $61.60 ish level. Use a comfortable stop to control your potential losses. Once below the $61.50 level, it should continue lower. If I am right in what I stated above, you may not have to wait long to see some descent gains from your short. I would look at the "2.5 month uptrend line" as a place where CYBR may catch a bounce.
Don't forget to look at the 8, 21, 50, 100, & 150 day exponential moving averages (ema). These moving averages are all lined up exactly the way they should be. The only exception is the 8 & 21 ema. The 8 ema is currently below the 21 ema but if CYBR can hold this price level or go higher, the 8 ema should quickly get back above the 21.
CYBR inches close to buy pointI love the company CYBR right now, even though I'm not used to buying these newer hot issues, I think this could be a smart one to buy. It's at an official IBD buy point, and it has a nice cup with handle pattern, it's a leader in its group and is in a strong group 7/197. The only concern I have is that it is so volatile. The last base was 25% drop. I would like to ideally purchase options to solve the volatility concern.
PERFORMANCE WITHIN GROUP (CYBR)
CYBERARK SOFTWARE LTD RANK WITHIN THE COMPUTER SFTWR-SECURITY GROUP (23 STOCKS)
Composite Rating 99 Rank within Group: 1st
100%
Best in Group
EPS Rating 98 Rank within Group: 3rd
91%
Relative Strength Rating 99 Rank within Group: 1st
100%
Best in Group
SMR Rating A Rank within Group: 4th
86%
Acc/Dist. Rating B+ Rank within Group: 1st
100%
Best in Group
EPS - Group Leaders
PANW
Palo Alto Networks
QLYS
Qualys Inc (Added to My Stock Lists 04/15/15)
CYBR
Cyberark Software Ltd
VDSI
Vasco Data Security Intl
VRSN
Verisign Inc
Composite Rating 99
GENERAL MARKET AND INDUSTRY GROUP (CYBR)
General Market
Uptrend under pressure
Industry Group
Industry Group Rank (1 to 197) 7
FUNDAMENTAL PERFORMANCE (CYBR)
Current Earnings
EPS Due Date 05/07/2015
EPS Rating 98
EPS % Chg (Last Qtr) 200%
Last 3 Qtrs Avg EPS Growth 87%
# Qtrs of EPS Acceleration 2
EPS Est % Chg (Current Qtr) 400%
Estimate Revisions
Last Quarter % Earnings Surprise 320.0%
Annual Earnings
3 Yr EPS Growth Rate 24%
Consecutive Yrs of Annual EPS Growth 3
EPS Est % Chg for Current Year -43%
Sales, Margin, ROE
SMR Rating A
Sales % Chg (Last Qtr) 81%
3 Yr Sales Growth Rate 41%
Annual Pre-Tax Margin 15.6%
Annual ROE 15.8%
Debt/Equity Ratio 0%
TECHNICAL PERFORMANCE (CYBR)
Price And Volume
Price $62.64
RS Rating 99
% Off 52 Week High -11%
Price vs. 50-Day Moving Average 13%
50-Day Average Volume 2,696,400
Supply And Demand
Market Capitalization $1.9 B
Accumulation/Distribution Rating B+
Up/Down Volume 1.4
% Change In Funds Owning Stock 21%
Qtrs Of Increasing Fund Ownership 1
Cyberark (CYBR)- Bullish Bounce Likely From These Levels!Friends,
Cyberark had lost its way a little, coming out of main channel resistance and floundering around since then. But we finally have some clear direction.
1. We've seen multiple bullish buy signals at the buying range, although most have failed so far, they've shown bullish intention.
2. Dragonfly doji bang on the 61.8 retrace of previous impulse leg, and supported right off the 50EMA. People were reluctant to see price drop below the 50
3. Signal broke sideways resistance range, now we just need to see break above main channel resistance to ensure safe entry
4. Piercing signal, spinning top/kicker signal all present, all bullish.
5. Yesterdays candle broke the 20EMA resistance with gap up, bullish presence is clear now.
I may buy some shares today, and increase my position after double resistance break. OR I will buy all my position above resistance break. It depends on how the stock is behaving.
Last position bought in this was 05/02/2015. And stock performed well.
Risk rewards are 8.3 (aggressive) and 6.50 (For safer entries)
CYBR Day Trade Gap N Go (Brad Reed Mar12,2015)CYBR expected to open at 51.45 for a Gap N Go. To learn to trade this strategy for free, go to www.RealLifeTrading.com
CYBR- 38.2%, 50% Fib Zones are the buy the dips levels to watch3-4 Well what do you know. A stock that 9 days ago every
momo person on the planet just had to have out of fear of
being left behind AFTER they have already been left behind
(what else is new) is now finally pulling back and building a bull channel.
The big question is how long will it build out and how deep will the
pullback be if it indeed continues. Nobody knows, BUT we have clues
though to guide us and those are Fibonacci retracement zones where
stabilization can occur, that's what one wants to be watching for.
Notice we have small zones where support can occur in tandem with
the 38.2% and 50% fib zones?
As always, trade at your own risk all information is for educational
informational and educational purposes only.
Negative divergence forming in CYBR.CYBR, already extremely overbought, is finally showing some negative divergences.
Gap and Go CYBRThis is a great opportunity to buy on a pullback to bounce or breakout. Use tight stop or good risk management as a new company but fundamentals looking good and IPOS can lead to big gains...
Cyberark - $CYBRLong - CYBR late Wednesday reported much stronger than expected earnings and revenue. The recent IPO shot up 16% in late trading to about 39, which would be a record high.
IPO BreakoutThis wedge pattern is one of my favorite setups. Note volume increase and pushing out of bollinger band on a volatility breakout. Didn't technically register a TTM squeeze, but if this continues tomorrow, the squeeze will be confirmed. I'm in.
