Jul. 10 at 3:50 PM
$RDWR
A cybersecurity name that the market may be overlooking.
Radware is building an interesting setup after breaking above the long-term
$32 resistance zone that held for roughly a year. The breakout came with improving volume, putting this one back on the radar.
The bigger picture is the AI security trend. More AI workloads, more automation, and more machine-to-machine traffic all create demand for stronger network protection.
While large cyber names like
$CRWD and
$PANW trade at premium valuations,
$RDWR remains a smaller-cap player with a much lower sales multiple and improving fundamentals.
Watching the breakout. If momentum holds, the previous highs near
$42 become a potential target area.