Category: Forex News, News
Fortinet price exposed to negative pressure – Forecast today
Fortinet’s stock price (FTNT) fell in latest intraday trading, trespassing the support of the 50-day SMA and exposing the stock to more negative pressure, amid negative signals from the Stochastic after reaching overbought levels, and amid the dominance of the downward correctional wave in the short term.
Therefore we expect the price to decline and target the support of $91.25, provided the psychological resistance of $100.00 holds on.
Today’s price forecast: Bearish
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Written by : Editorial team of BIPNs
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