FYI, IIRNT Founded in 2014 IronNet Cybersecurity is a global cybersecurity leader company. Mostly employing former NASA cyber security operators with defensive and offensive cyber experience.
As Biden has mentioned in his press conference about the danger of cyber-attack of "evolving" Russian attack. In my opinion, It might be a good catalyst or sentiment for this stock to rally.
From a technical analyst perspective, EMA 20 &50 crossover, rising in volume, a sign of strength, and double bottom pattern on 4H timeframe. It might be a bullish indicator
Volatility is expected to occur due to earning report next week.
Trade appropriately with risk management and position sizing
Personally, I wouldn't trade more than 500 shares if I trade penny stocks below 5 dollar
**Not financial advice**
Trade at your own risk and don't trust anyone from the internet!!!!
As Biden has mentioned in his press conference about the danger of cyber-attack of "evolving" Russian attack. In my opinion, It might be a good catalyst or sentiment for this stock to rally.
From a technical analyst perspective, EMA 20 &50 crossover, rising in volume, a sign of strength, and double bottom pattern on 4H timeframe. It might be a bullish indicator
Volatility is expected to occur due to earning report next week.
Trade appropriately with risk management and position sizing
Personally, I wouldn't trade more than 500 shares if I trade penny stocks below 5 dollar
**Not financial advice**
Trade at your own risk and don't trust anyone from the internet!!!!