NET trade ideas
NET - Moonshot Blue Sky BreakoutCybersecurity and Cloud Tech stocks are getting some solid rotation today. NET has been consolidating for some time near ATH, and this is ready to explode. If you want to play it safe, 1/15/21 85c or 90c should print money soon. Overhead targets are above, but I believe this is a $90 magnet.
NET - December 5, 2020Cloudflare, Inc. engages in the provision of cloud-based services to secure websites. NET stock has shown growth from $20 to $78 in the last year, as well as revenues increasing 54%. With analyst price targets of $87, NET continues to show positive signals for a spike in the next few weeks. Looking for a dip buy on NET.
$NETHas been riding the 38.2% for a few days. Yesterday it finally popped above the EMA20. Entered some monthly calls with strike 15% OTM. Aroon indicates a bullish sentiment. MACD continues to end above the signal line slightly. Not pictured above is the OBV continues to make new highs. Buy pressure increased intraday.
If anyone knows how I can attach another date range for the chart please lmk.
