Category: Submitted Articles
- Published: 05 August 2016
- Written by Jenny Rebekka
FireEye Inc (NASDAQ:FEYE) reported earnings after the close. The internet security company posted revenue of $175 million on a loss of ($0.33) per share. The company missed expectations and as a result is seeing its stock price crushed. After-hours, the stock is trading at $14.50, -2.25 (-13.43%).
There is a very intriguing level to watch tomorrow for a potential buy. There are two major support trend lines that join forces between $14.00 and $13.50. The stock should see support and be a potential long here. Note the chart below.
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Jenny Rebekka
Pro Trader