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Check Point Software Earnings Trade

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NASDAQ:CHKP   Check Point Software Technologies Ltd.

Possible entry level $115
Target price at resistance $123.50
Stop loss below moving average $112
RSI rising
OBV bullish uptrend.
Company Profile
Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management. Its solutions cater to the following: point of sale systems, automated teller machines, private and public cloud, and telecommunications providers. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.

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