HACK attack

the charts are getting pretty ugly in the group, but cyber security ETF HACK is testing the 50 day moving average today.  It's a bounce trade candidate.  Holdings CUDA, PANW and RDWR are testing support today as well.

Update: 11:30 AM

I just wanted to add some color on PANW.  This has me looking at the HACK potential bounce as a hit and run trade.  Meaning just take what it gives in more of a scalper mode.

The PANW weekly chart looks ridiculously extended.  This bounce off the 10 week will be telling.  How strong is it?  It could make for an awesome short here in a few days.  It has weekly options, but the spreads are so wide you'd likely have to leave an order open for awhile.  Plan accordingly.

Trade 'em well!