3 Charts Suggest Cybersecurity Stocks Are Headed Higher

3 Charts Suggest Cybersecurity Stocks Are Headed Higher


Cybersecurity has been dominant theme in the financial markets as well as the media so far in 2020. As the fundamental need for quality solutions across hardware, software, and services continues to rise, investors will be well suited to follow the charts from across the sector. Recent breakouts combined with nearby support levels are providing traders with interesting risk-to-reward setups and are pointing to higher prices over the coming months.

PureFunds ISE Cyber Security ETF (HACK)

StockCharts.com

Cisco Systems, Inc. (CSCO)

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Splunk Inc. (SPLK)

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The Bottom Line



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