With geopolitical pressures heating up in the Middle East, cybersecurity stocks are back in focus.
These companies build the digital armor that protects governments, businesses, and ordinary folks from online threats—and honestly, that feels more essential than ever right now.
After a clean retest of its prior cycle highs, HACK is boomeranging with a near-vertical move.
Now it’s bumping up against that 161.8% Fibonacci extension around 85 — the same level that stopped it cold earlier this year.
A little chop here wouldn’t be surprising, but big picture, I don’t see any reason why these names won’t keep grinding higher.
If HACK can break above 85, I’ll be looking to get long with a target up around 112.
And it’s not just cybersecurity showing strength these days — Aerospace & Defense stocks are catching a strong bid too, which makes sense given the current global backdrop.
