22Mar12:46 pmEST

Open to a Run in Late-March

The cybersecurity plays have categorically underperformed for a good while now, throwing a wet blanket on the thesis of an imminent bull run for the sector leaving investors in the dust. 

That said, CYBR has enjoyed a sharp rally in recent sessions. FEYE is underwhelming today, as are IMPV BLOX PFPT. But SPLK is on the radar due to its tight basing action by price this over the last few weeks. 

With a move over $49 this week, combined with the continued inability of bears to hold the broad market down for very long, I would be looking at SPLK as a quick long idea, full well knowing the overall chart is far from healed. 

Who's Watching? There's a New Doctor in Town...


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