Five9 FIVN is a leading provider of cloud contact center software. On Monday the company's CEO resigned to take another job and on Tuesday a major sell firm cut its fundamental rating of the stock to equal-weight. Let's check out the charts and indicators.
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The shares have recently failed at the underside of the declining 200-day moving average line.
We have a price target for this infrastructure engineering software firm.
This is typical bear market action in which stock picking doesn't matter much, and macro considerations are driving the indexes -- still, I've got a pick.