First Trust NASDAQ Cybersecurity ETF (CIBR)

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CIBR witnessed a strong rebound after the violation of the major peak 56.30, as it violated the minor resistance level 56.84 by yesterday's session, then remaining above this level, will confirm the current uptrend, which will push CIBR to continue its rebound near 57.27 - 57.83 - 58.40 - 59.33.

The stop-loss lies below 56.15.

the indicators are heading towards the positive side, which confirms the mentioned positive scenario.

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Penafian

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