ChristieCapital

Fortinet earnings alert

Long
NASDAQ:FTNT   Fortinet, Inc.
Looking at a daily chart from a technical perspective, the stock remains bullish as an uptrend is starting to take shape. In the short-term, prices have been in a consolidation zone between $152 and $121 since the last time the company reported earnings. Look for a break in either direction. A break above the consolidation at $152 would call for a resumption of the uptrend towards a measured move target of $182.50.

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