$NET basingMultiple bounces off 12 now. Would like to see the gap at 13.5 to 14 closed first before it challenges the horizontal resistance above.
NET trade ideas
$NET - NETLINKZ - Running again after pullback?$NET - NETLINKZ - Running again after pullback?
Saw this one last week as it took off but was already fully invested elsewhere. It had a bit of a pullback but looks like it will run again supported by double the market depth on the buy vs the seller side.
The idea of a company being able to actively sell a VPN solution in China is quite interesting. Worth a watch.
"In February 2019 JAST (Netlinkz’s China Agent) was awarded a National IP - VPN Licence by the Ministry of Industry and Information Technology of the Chinese Government to distribute VPN replacement product throughout China"
About Netlinkz
NetLinkz Limited, formerly iWebGate Limited, is an Australia-based company, which offers NetLinkz, a technology that provides a Software-Defined Wide Area Network (SD-WAN) solution connecting any sites to any device, anywhere, on any network. Its segments include Australia, USA, Europe and Corporate. Its technology delivers the meshed peer-to-peer SD-WAN solution. SD-WAN offers a solution for information technology (IT) to extend or replace connectivity leveraging public Internet protocol links. Offering centralized wide area network management and near-zero touch edge software, which enables IT managers to connect cloud servers and mobile users to the enterprise network. It offers a range of products, which include LaunchPad and iWebGate Workspace Suit. Its LaunchPad acts as a single point of contact for various services, and is an integrated tool set and application program interface (API). Its iWebGate Workspace Suit includes Virtual Private Network LP, Desktop LP and Proxy LP.
$NET.ASX - Daily, Putting in a reversal and testing Resistance $NET.ASX - Daily, Price has put in a reversal and testing Resistance zone around 4.6-5.1, if can hold and base will have a chance to test higher res zone IMO..Trend looks good...
This is not an financial advice.....PLEASE DYOR FIRST!!
