ATEN A10 networks inc weekly potterboxesATEN A10 networks inc weekly potterboxes . Well, A10 is above the box. I would say this is a buying opportunity. If you go longer on the options contracts, that gives the stock time to fluctuate before rocketing to new highs. There is not a lot to be said, it's a new all-time high. It's above the 20,50,100, and 200 day moving averages. This will also be the third time A10 is trying to make higher highs and higher lows. 16. 50 would be my stopping out which is also the bottom of the lower box. I would probly go out to about may 16th 20 calls look remarkably interesting to me. just my opinion not sound advise this is a calculated geuss. Happy Trading.
ATEN trade ideas
A10 Networks (ATEN) AnalysisCompany Overview:
A10 Networks NYSE:ATEN is a leading provider of high-performance application delivery and cybersecurity solutions, uniquely positioned to benefit from the growing demand for advanced security services and network optimization in a digital-first economy.
Key Catalysts:
Security-Driven Growth:
Security-focused revenue is up 10% year-to-date, underscoring robust demand for advanced cybersecurity solutions in response to escalating cyber threats globally.
With cyber risks rising, this segment is poised to be a significant growth driver for ATEN.
Enterprise Segment Momentum:
The enterprise segment has shown consistent performance, growing 5% year-to-date and 9% year-over-year, signaling healthy demand across key verticals.
Debt-Free Balance Sheet:
A10 Networks’ debt-free financial position provides a strategic advantage in the current high-interest-rate environment, enabling sustainable investment in growth initiatives and enhanced shareholder returns.
Resilient Business Model:
Focused on providing mission-critical solutions, ATEN benefits from strong customer retention and recurring revenue streams, ensuring long-term stability.
Investment Outlook:
Bullish Outlook: We are bullish on ATEN above the $16.50-$17.00 range, supported by its growth in cybersecurity, enterprise traction, and robust financial health.
Upside Potential: Our upside target for ATEN is $28.00-$29.00, driven by expanding security revenues, enterprise adoption, and financial flexibility in pursuing strategic opportunities.
🚀 ATEN—Empowering Enterprises with Next-Gen Security and Performance. #Cybersecurity #EnterpriseSolutions #TechGrowth
Swing-Trading: Real-Time Signals ✅Our swing-trading strategy is based on the timeless and success proven strategies developed by stock market legends like Jesse Livermore, William o' Neil and Mark Minervini - 3x US investing Champion 🍾🍾🍾
In this video, I go through the details of our swing-trading strategy and explain how to get free access to Real-Time-Trading signals.
11/8/22 ATENA10 Networks ( NYSE:ATEN )
Sector: Technology Services (Information Technology)
Market Capitalization: $1.352B
Current Price: $19.03
Breakout price: $19.10
Buy Zone (Top/Bottom Range): $18.20-$16.80
Price Target: $23.00-$23.50
Estimated Duration to Target: 107-116d
Contract of Interest: $ATEN 2/17/23 20c
Trade price as of publish date: $1.45/contract
Is $ATEN ready to come up on the right side of its base?Notes:
* Strong up trend since 2020
* Great earnings track record
* Basing for the past ~9 months
* Just broke back above IPO highs of $14.9 on the monthly time frame and retested it as support
* Recently came above its 200 day line and now coming above its 50 day
* Showing strength and accumulation
* Printed a pocket pivot in the last session indicating institutional demand
Technicals:
Sector: Technology - Software - Infrastructure
Relative Strength vs. Sector: 23.55
Relative Strength vs. SP500: 4.61
U/D Ratio: 1.59
Base Depth: 50.68%
Distance from breakout buy point: -18.94%
Volume 5.58% above its 15 day avg.
Trade Idea:
* This is offering a low risk entry so you can enter now as the price is still close to its 50 day line and just retested $14.9 (Historical highs) as support
* If you're looking for a better entry you may be able to find one around the $14.9 area as that should hold as support moving forward
* This stock usually has local tops when the price closes around 17.84% above its 50 EMA
* Consider selling into strength if the price closes 17.64% to 18.04% (or higher) above its 50 EMA
* The last closing price is 6.26% away from its 50 EMA
ATEN SHORT SETUPMarket finished 1-5 Elliot wave pattern and now is on ABC correction, we already finished minor 1-5 and it ended on where is our A point of a correction, now we are waiting for market to create a B point, which should be at 16.09 zone because market created there a liquidity zone and should pick up all the money and also there is 50% Fib zone, that point is our entry, and we should see C point at a strong demand zone and 78% fib zone.
Entry: 16.09 (50% fib and liquidity zones)
Invalidation: 17.37 ( above liquidity zone)
Target: 9.20 (strong demand zone and a 78.6% fib zone)
Stocks To Watch This WeekThe Market's longer term uptrend still intact. These names have shown good relative strength and accumulation volume and most are in the growth sector. This may give good risk/reward entries on some of the best names. Some of these charts still need to confirm their price action. This video is my watchlist. Most of these names are at or near all time highs or multi year highs. There are 22 total stocks on this list Many of these have IPO'd in the last few years and still have a growth story ahead of them. Know your time frame and risk tolerance. Know your earnings dates! I go through these quickly so grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
ATEN broke out of the triangle and is set to go higherNYSE:ATEN broke out of the triangle pattern and is heading higher. Anticipated price action and targets are shown on the chart, stop daily close below 8.5$.
Hit the like button please if you find this useful :)
This is only my own view and not a financial advice, do your own analysis before buying or selling
Happy Trading!
ATEN to 15$ short term PTA10 just beat on their earnings. Software as a Service, particularity in cybersecurity is a great place to be. Company has 0 debt and gaining traction, they work some large companies and governments. Their cloud approach is a winner for data center management. Near term the cup and handle held, where the handle did not dip below 50% of the cup depth. Short term price target is $15. On the 45 min chart there is also a bull flag that has formed (not as reliable) but it seems to validate some more room to the upside. Wait for RSI to spike then towards 80 to exit. CMF, & MCAD are also going positive. All things seem bullish short and the increased volume over the last 2 sessions is a good sign.
***Just what I see, not financial advice!*** please do your own due diligence!!!!