We first issued a Pocket Pivot Report for Fortinet (FTNT) on February 6th when the stock was trading in the 46 price area. It ended up osting another pocket pivot four days alter at that time. It has since moved higher and posted a continuation pocket pivot at its 10-dma on Friday, the second one in the past three days. This can be considered an add point, but buying as close to the 10-dma as possible is preferred.
Pocket Pivot Review - Fortinet (FTNT) Continuation Pocket Pivot
|Published:||3 Mar 2018 14:09 ET|
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2019 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.