Hi Pat -
Wanted to get your opinion on this FTNT stock I found while reviewing this weekend
FUNDAMENTALS
Group 21
EPS 52% with est for 50%
SALES 21% TECHNICALS
VOL 1.4M avg, liquid stock
Price above the 8 EMA
8 EMA above the rising 21 SMA
21 SMA above the rising 50 SMA
50 SMA above the rising 200 SMA
RS line (vs SPX) at new highs Base is very short, so this would be an aggressive entry. My concerns:
On weekly, getting looser, and it is extended from the 10 week
Safer move, let it fall back to the 10 week on the weekly, then watch on the daily Worth keeping an eye on? Thanks
Mike
Group 21
EPS 52% with est for 50%
SALES 21% TECHNICALS
VOL 1.4M avg, liquid stock
Price above the 8 EMA
8 EMA above the rising 21 SMA
21 SMA above the rising 50 SMA
50 SMA above the rising 200 SMA
RS line (vs SPX) at new highs Base is very short, so this would be an aggressive entry. My concerns:
On weekly, getting looser, and it is extended from the 10 week
Safer move, let it fall back to the 10 week on the weekly, then watch on the daily Worth keeping an eye on? Thanks
Mike
1 Answers
Hi again, Mike,
Here is the FTNT video from Patrick:
https://youtu.be/yYN_A3PPR_s
Please login or Register to submit your answer