Cyberark Software (NASDAQ:CYBR) - Breaking down / EYES 100% gain

M

miguel007

Cyberark Software (NASDAQ:CYBR) finally broke down from the bear flag formation highlighted on the daily chart, signaling further decline. The stock price shows weakness with its recent decline and could reach the potential target area at $52. The trajectories of momentum and directional indicators also point to continuation of negative bias. Based on fundamentals this stock is way overvalued. Short setup.

EYES was an amazing from this guy on twitter


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Nice call. Closed below the intermediate low of 58.11. JP Morgan downgrade and secondary announcement hanging like a shadow. I'm in.

Can you take a look at LC?
 
Additional information: March 23 lockup expiration.

Does that mean a secondary should happen in the next 2 weeks?
 
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