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Cyberark

BUY | CyberArk Software (CYBR) Current Price: $403.76 Change: +11.59 (+2.96%) Volume: 1,530,762 52-Week Range: $230.00 – $421.00 Technical Overview: Trend: Strong uptrend, approaching 52-week highs. Moving Averages: 50-Day MA: $390.00 200-Day MA: $350.00 RSI: 65 – entering overbought territory, but momentum remains strong. Execution Plan: Entry: $403.8 Stop Loss: $390.00 Take Profit: $430.00 Risk-Reward Ratio: 1:1.8 Rationale: CyberArk Software addresses the growing demand for cybersecurity solutions, especially with the expansion of AI integration. The company's strong performance reflects its critical role in enterprise data protection.
NASDAQ:CYBRLong
by per5onanongrata
CYBR CyberArk Software and the Cyber WarfareCyberArk focuses on privileged access security solutions, helping organizations protect against cyber threats targeting privileged accounts and credentials. In light of the recent news regarding cyberattacks on multiple U.S. government agencies, it is reasonable to expect an increased focus on cybersecurity measures, which could potentially benefit cybersecurity stocks in the market. These attacks highlight the vulnerabilities present in the software systems used by government entities, underscoring the urgent need for robust cybersecurity solutions. The fact that the U.S. Cybersecurity and Infrastructure Security Agency is actively investigating the breach indicates the seriousness of the situation and the government's commitment to addressing these security threats. As such, there may be a heightened emphasis on strengthening cybersecurity infrastructure and investing in advanced technologies to defend against future attacks. The reported involvement of a Russian-speaking hacking group known as CLOP in previous attacks serves as a reminder of the persistent and evolving nature of cyber warfare. This continuous threat landscape necessitates ongoing innovation and investment in cybersecurity. Considering these factors, cybersecurity stocks have the potential to experience an upward trajectory. Companies specializing in threat intelligence, network security, endpoint protection, and data encryption could be in high demand as organizations and governments seek to fortify their defenses against cyber threats. My Price Target for CYBR is $163 by the end of the year. Looking forward to read your opinion about it!
NASDAQ:CYBRLong
by TopgOptions
Cyberark - Are You Ready For A Break Out??You are looking at a DAILY chart of CYBR. Although I like to use weekly charts in my posted ideas, CYBR recently ipo'd and therefor the daily chart will work just fine for this idea. Please remember that daily charts will give us buy & sell signals that may not last as long as the signals on weekly charts. So keep your eyes on your money... Cyber Security. That is like music to my ears. There isn't a day that goes by that I don't wonder what the next major computer hack will be. Today I again heard about the guy who claimed to hack into airline computers and control a plane. Let's hope he is not on my flight this week! It doesn't matter whether we believe any of these hacking reports or not. What matters is these events are being reported on in the media. The reality is that large companies have confirmed they have been hacked. From retailers, to banks, to tech companies. This is a whole new industry. If you look at the left side of the chart you will see that CYBR did not pop immediately upon its Initial Public Offering (IPO). It actually languished for a couple weeks before zooming up to about $70. Problem is, it immediately started falling back to reality - the $48 to $50 range. From there, it took a much more leisurely climb to the $69 level. On the way up, it paused around the $60 level. Yesterday, after a controlled pull back, CYBR was back down to the $60 level (again). If you take a look at DT 1, you will notice that the price of CYBR stayed below DT 1 with exception of 3 days and today. I like the chances of CYBR going higher if it stays above DT 1. Take a look at DT 2. This downtrend line give us an upper boundary for the CYBR price action. One more thing. Notice that back in April 2015 the $60 level was resistance. Now, in May 2015, the $60 level is acting as support. If you ask me what I am looking for it is "Follow Through". CYBR needs to continue higher. It needs to close above DT 2. And stay there. But that is only if CYBR is going to go higher. If CYBR is going to go lower it has to close below the $60ish level. And stay there. If CYBR want to prove itself. It should be able to stay above the $61.60 ish level from here on out. Any spike up and fall back to the $60ish level would lead me to believe the stock may go sideways for a little bit. When CYBR gets above today's high, that will be a signal to get long or add to your current position. If all of this happens, $68 to $70 could be the next area it has trouble. If CYBR is just sucking people in to go lower, it should drop below DT 1 fairly quickly. Then it will drop below the "resistance becomes support" horizontal line. If you don't believe in CYBR going higher then try your short at the $61.60 ish level. Use a comfortable stop to control your potential losses. Once below the $61.50 level, it should continue lower. If I am right in what I stated above, you may not have to wait long to see some descent gains from your short. I would look at the "2.5 month uptrend line" as a place where CYBR may catch a bounce. Don't forget to look at the 8, 21, 50, 100, & 150 day exponential moving averages (ema). These moving averages are all lined up exactly the way they should be. The only exception is the 8 & 21 ema. The 8 ema is currently below the 21 ema but if CYBR can hold this price level or go higher, the 8 ema should quickly get back above the 21.
NASDAQ:CYBR
by TheTrendLineInvestor