Steele said employees are certainly more vulnerable to cyber attacks and malware now that they're working from home.
Nearly 20% of their customers are in the hospitality, travel and healthcare industries, Steel said. Steele expected it could take up to a year for hiring to return in some areas.
When asked what people can do to protect themselves -- Don't click unknown links, don't open documents from unknown sources, and always type website addresses directly into your browser. Don't trust links in emails.
Sounds like great advice but are the charts on the same good footing? Let's check.
In this daily bar chart of PFPT, below, we can see that prices moved sideways the past 12 months but with some temporary weakness in March. The upside has been capped around $130 or so, and on the downside buyers have come in around $110.
PFPT has crossed above and below the 50-day and 200-day moving averages several times. The trading volume histogram does not seem to show any trend.
The daily On-Balance-Volume (OBV) line moves sideways until January and then declines into May telling us that sellers of PFPT have been more aggressive so far this year.
The trend-following Moving Average Convergence Divergence (MACD) oscillator has crisscrossed the zero line the past 12 months.
In this weekly bar chart of PFPT, below, we used five years of price history to show the extent of the sideways consolidation pattern on this stock.
Prices have been in a consolidation pattern since early 2018. If and when prices break out of this pattern they could travel a good distance. Prices are trading around the declining 40-week moving average line.
The weekly OBV line shows a rise from early 2019 and in this time frame suggests accumulation.
In this first Point and Figure chart of PFPT, below, we used daily price data and can see a potential upside price target of around $137.
In this second Point and Figure chart of PFPT, below, we used weekly price data. Here the chart shows a potential longer-term price target in the $230 area.
Bottom line strategy: Aggressive traders could go long PFPT at current levels risking a close below $109. Add to positions on a breakout over $135. $155, $200 and $230 are our potential price targets.