Cybersecurity Stock Pushing Higher

Did you spot this hot buy? Did you spot this cybersecurity stock that’s tearing higher? Today we are going to look at Check Point Software T August 16th, 2024 Cybersecurity Stock Pushing Higher Dear Reader, Did you spot this cybersecurity stock that’s tearing higher? Today we are going to look at Check Point Software Technologies, Ltd. stock symbol: CHKP. Check Point Software Technologies Ltd. a well-known provider of information technology (IT) security solutions across the world. The company offers a comprehensive range of software and combined hardware and software products aimed at IT security to an operating system, a computer device, a server or a virtual desktop. [🔥] Limited Time Offer: Join Now for Just $1! [🔥] For a limited time, you can join [Optioneering Newsletter]( for just $1 for your first month – that’s a massive 97% discount off the regular monthly subscription fee of $39! Don’t miss out on this incredible opportunity to elevate your trading game. MACD: Momentum Confirmation The CHKP daily price chart below shows that CHKP is in a price uptrend as the 24/52 day MACD line (black line) is above the 18-Day EMA (purple line). The Moving Average Convergence/ Divergence chart is shown below the daily price chart. The 18-Day EMA line functions as a buy/sell ‘trigger’. When the 24/52 Day MACD line crosses above the 18-Day EMA line it indicates positive momentum and higher prices for the stock. Buy CHKP Stock As long as the 24/52 Day MACD line remains above the 18-Day EMA, the stock is more likely to keep trading at new highs in the coming days and weeks. Since CHKP’s bullish run is likely to continue, the stock should be purchased. Small Move = Big Potential Return! Now, since CHKP’s 24/52 Day MACD is trading above the 18-Day EMA this means the stock’s bullish rally will likely continue. Let’s use the Hughes Optioneering calculator to look at the potential returns for a CHKP call option purchase. For this specific call option, the calculator analysis below reveals if CHKP stock increases 5.0% at option expiration to 194.50 (circled), the call option would make 51.7% before commission. If CHKP stock increases 10.0% at option expiration to 203.76 (circled), the call option would make 109.1% before commission and outperform the stock return nearly 11 to 1*. The leverage provided by call options allows you to maximize potential returns on bullish stocks. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Get Actionable Trade Alerts from Me! Chuck Hughes is offering YOU an opportunity to join his exciting trading service program, Lightning Trade Alerts. This service focuses on low-cost & short-term options trade. Members will receive hand-picked trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join! You can also click below to schedule a call now. Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at [dailytrade@chuckstod.com]( *Trading incurs risk and some people lose money trading. --------------------------------------------------------------- See Related Articles [Breakout Trend for Discount Retailer]( [Strong Volume Flow for ICE Stock]( [Attractive Setup for Biopharma Trade](  --------------------------------------------------------------- [TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. 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