Anyone here like FEYE at 33.50 ( trade)

[NY_HOOD]

Im thinking FEYE is a good trade at 33.50 and perhaps sell at the 35.50 area in a few days?

 

[NY_HOOD]

I just bought some at 33.38. I will keep an eye on it. Support in the 31.75- 32 area.

 

[blakpacman]

Robert Herjavec from Shark Tank likes FEYE as a company. He's a specialist in cyber security.
http://finance.yahoo.com/video/cybersecurity-king-39-morbid-reality-191500198.html

However, FEYE as a buy and hold trade? It's still losing gobs of money and 14x sales.
From chart perspective, it's in a slightly downward channel making lower lows and lower highs.
Can't say I feel bullish on this.

 

[NY_HOOD]

Yeah, it broke down. I was stopped out at 31.96, just under that. 32 support. Not getting back in.
Took a loss.