CyberArk Is In The Right Place At The Right Time

CyberArk logo

Cyberterrorism is a serious and growing threat to our country’s (and the world’s) security. Only a handful of publicly-traded companies are ready to fight that battle, and one of them is CyberArk.

The Israeli-based company was riding high a few years ago. It has struggled to find its footing, but interest in the name has been growing recently. In fact, a breakout to all-time highs seems imminent. The chart is strong here with an impending MACD buy signal, good money flow, and a bullish cloud forming. The base (made in the fall) is solid around the $100 level. With gaps ready to be filled, this stock looks poised for more upside.

(Click on image to enlarge)


CyberArk Chart Analysis

Take a deeper dive into the chart action (Nasdaq: CYBR). Learn how to read the technicals as Bob marks up the chart of the week.

 Video length 00:03:35

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