Fortinet, Inc.
Long
Aktualisiert

$FTNT Bullish pattern

239
Let's take a look at FTNT:

1) FTNT has been continuously growing it's earning/EPS since April 2018.
2) It has been consolidating for a long time now.
3) It is in a bullish triangle formation.
4) Stochastic indicators are showing hidden bullish divergence.
5) It may be getting ready to take-off !!
Trade ist aktiv
FTNT has just broken an all time high and the ascending triangle.
Trade ist aktiv
Earnings are tonight. Some interesting movement may be seen.
Trade ist aktiv
Earnings were 7.85% less than expected.
Earnings still better than last quater.
We saw some sell off on friday, but the previous resistance seems to hold well as a support.
The lower tail of the red daily candle may show that the sell off was quickly bought back by traders.

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