FTNT LONGFortinet, Inc.BATS:FTNTFTVVFortinet is showing a constructive bullish setup after a strong earnings-driven move from its previous base. The stock remains well above its rising 50-day and 200-day moving averages, confirming a strong overall trend. After advancing toward 170, FTNT has formed a tight consolidation near its highs instead of giving back a large part of the move. This suggests that buyers are defending elevated price levels. Quarterly results remain supportive, with EPS growth accelerating to approximately 41% and sales growth reaching approximately 26%. A decisive breakout above the current range, ideally with increasing volume, could signal renewed institutional demand and open the way toward a retest of 170 and potentially the 175–185 area. A pullback toward the 50-day moving average could also offer a lower-risk entry if support is clearly defended. The bullish thesis would weaken if FTNT breaks decisively below the 50-day moving average or loses the recent consolidation low. Bullish above the consolidation highs; cautious below the 50-day moving average.