FTNT Pulling back with a Nice SetupNASDAQ:FTNT pulling back to confluence of support on top of its previous breakout level and 50 moving average line. Up down volume and OBV line held up well during this pullback. Earnings in 2 days to add some spices to the setup.Longby TaPlot332
$FTNT at top of my listWith the market under pressure, this stock is up and very close to all time highs. This shows strength in buying. Some basing pattern or pullback would be nice but this is my top pick to start a position soon.Longby jaganjohnUpdated 2
FTNT eyes on $ 77.55: Golden Genesis fib to DIP or to Break?FTNT popped it into a Golden Genesis fib. This might start a pullback for long entries. Or we may get a Break-n-Retest entry above. ========================================by EuroMotif222
Fortinet (FTNT) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General by P-Ment4U0
FTNT - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.Longby Financial_Insights0
Fortinet hanging on by a threadFortinet is very close to breaking the neckline of a head and shoulders pattern on the weekly chart. If it breaks below the 0.382 Fibonacci level, it will break down quite heavily. Cybersecurity is a crowded trade and with upcoming earnings of Crowdstrike and Zscaler, if the earnings and outlook comShortby NoFOMO_113
FTNT potential Buy setupReasons for bullish bias: - Positive earnings - Daily and weekly support - Weekly trendline - Daily bullish engulfing - 0.5 Fib level Here are the recommended trading levels: Entry Level(CMP): 58.99 Stop Loss Level: 56.48 Take Profit Level 1: 65.06 Take Profit Level 2: OpenLongby TradeWithParas2
5/2/24 - $ftnt - don't get why to own this... careful fam5/2/24 - vrockstar - seems a bit rich at 8x sales for sub 10% growth. cash machine, won't have the "guide" problem (well as much as more obvious candidates per the product niche/ security cyber). that being said, high 30s PE just buys you a better aapl, msft, slightly more obvious see-through risk. Shortby VROCKSTAR111
Prepping another FTNT tradeI am prepping another FTNT trade leading into earnings. As we hit the top range of the gap and fell a wedge forms. A purple momentum trend needs to be retaken. This candle looks to be an inside day as well, during this generally bullish long-term trend I think we are more likely to continue to go upLongby Apollo_21mil3
Fortinet innovates with cybersecurity OS. Trading Idea 5/04/24Fortinet Inc. (Ticker: FTNT) has made headlines by introducing significant updates to its cybersecurity offerings. This move signals a strategic push towards consolidating its position within the cybersecurity domain. The company is pioneering a novel approach with the development of the comprehenby RoboMarkets1