Momentum is building with this Bearish Flag. See the live chart action.
Bearish continuation if preceding move was down.
Market participants tracking Fortinet should note the latest formation. The stock is trading at $78.7, down 0.05% on the day. The primary technical feature is a Bearish Flag formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $76.01, targeting $60.96 with support near $86.14 (R:R 1.49).
What is your outlook on FTNT?