Cybersecurity Stocks Trigger Breakout Trading Buy Signal

cybersecurity etf bug breakout buy signal trading chart analysis image

The Cybersecurity trade looks to be re-igniting, as the sector ETFs are breaking out above short-term downtrends and select stocks are thrusting higher.

Stocks like Zscaler (ZS) and CrowdStrike Holdings (CRWD) are posting sharp gains. And the Global X Cybersecurity ETF (BUG) has broken above a multi-week downtrend to push up to multi-day highs.

This is bullish price action for Cybersecurity stocks and it should lead the $BUG Cybersecurity ETF back to new all-time highs.

Given that former peaks happened at/near the same levels, this is seen as particularly promising as a group to favor in the short run (especially for those that enjoy tactical longs). $BUG has a buy signal but watch the surge and look to get in on intraday pullbacks.

Sign up for our FREE newsletter
and receive our best trading ideas and research

If you have an interest in reading more thorough technical research twice a day, please visit Additionally, feel free to send me an email at and I’d be happy to send you copies of recent reports or add you to a trial of my work. Individual and Institutional clients are shown pre-market thoughts on several markets and asset classes, mid-day thoughts and long/short ideas at @MLNewtonAdvisors (private Twitter). Email for details.

Twitter:  @MarkNewtonCMT

The author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.