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FTNT
Benzinga
193 days

Top 2 Tech Stocks That May Collapse In February

1. Fortinet's Q4 revenue was $1.66 billion, surpassing estimates. 2. Adjusted earnings of 74 cents per share exceeded forecasts. 3. FTNT shares gained 9% over the past month. 4. RSI stands at 81.6, indicating overbought conditions. 5. FTNT share price fell 0.3% to $104.72.

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FAQ

Why Neutral?

Despite good earnings, overbought RSI may limit further gains. Similar past RSI signals led to price corrections.

How important is it?

Earnings beat expectations; however, overbought RSI suggests price consolidations may follow.

Why Short Term?

Immediate RSI conditions suggest short-term price fluctuation potential. Long-term metrics remain strong.

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