FTNT needs to develop a base pattern.
We many see lower prices in the weeks ahead.
We have a potential price objective for this cybersecurity firm.
Plus, we check the charts of the S&P 500 for clues as to the direction that equities may be headed.
Will this downward trend dominate in the weeks ahead?
Investors in this cybersecurity firm should be able to go long at better prices later on.
While cybersecurity stocks are expensive, it's the one place where investors can still buy growth.
Meanwhile, the market indexes remain on cruise control as traders await Jerome Powell's utterances at Jackson Hole.
When is there not going to be a growing need for cybersecurity?
How far can NET's surge carry?