FireEye (FEYE)

[AnthonyJackson]

Mid-cap cyber security stock FireEye Inc (NASDAQ:FEYE) is holding a breakout it made a week ago. If you note the stock chart below, you will see the stock broke through the trend line and has since hovered just above it, forming a bullish consolidation pattern. It is slowly building energy to burst higher to a target of $17. Being a cyber security play, there is also a major fundamental story here in regards to foreign government hacking. Contracts should be flowing their way in the coming months. This is a great story that finds itself still near its 52 week lows.


Investors and traders buy cyber security stock FireEye Inc