perhaps an up-shift in volume to generate a push past $30.50
Great ETF if you believe that cyber security is going to be big industry, I do. Things looking good on the weekly chart; if you look at the dailies there may be an entry position coming soon...
Target $178, Risk 2%, Reward 11%
Switched to the daily for this pattern. Looking at a cup and handle into earnings. After a breather this past year, cyber is becoming another hot topic with the election. Pay attention to this as the next 2 weeks go. Im a buyer on volume www.trendyprofits.com
www.cnbc.com I decided to analyze this stock after hearing about McAfee being appointed C.E.O. and the massive gains that were made that day. On the monthly chart it appears that MGT19.69% may have just completed a double zigzag pattern or possibly a triple pattern (which we can't see because of the 10 year gap in public trading, I've also hidden the data prior...
This is one of my favorite stocks heading into 2016. If theres a breakout from this with volume.....BUY!