CyberArk (CYBR) on 4/17 with an unusual buy of 1000 December 2024 $160/$230 call spreads and a lot of earnings reports due from the group the next two weeks while M&A remains a key theme to the group.

CYBR shares are on a third week of a rally working over VWAP from record highs, triggering a bull weekly MACD cross and weekly RSI to the highest level in 18-months while shares show a major long-term trend inflection. The $160 level is the next challenge and above that the $120/$160 range break measures to $200. Shares are also working on a massive monthly bull engulfing candle.