Buying zone before earnings at around 60I think that NET will go sideways for now and will be dumped before earnings, good buying zone will be at ~60 before earnings.
8CF trade ideas
Weekly Watchlist May 3-7Here are some swing plays that I am considering this week. These are just some names that have a lot of potential and could surge to new highs soon. I may post on some of these throughout the week if I see a really good setup. I post watchlists like this one weekly, so like and follow for more :) Good Luck!
My Watchlist:
$NET
$HALO
$VALE
$TX
$FLL
$WBT
$FUTU
$UPST
$OKTS
$INSP
$ABNB
$SNAP
$CVAC
NET (Cloudflare Inc.) - Bullish quarterly outlookCloudflare Inc.
Cloudflare Inc. provides platform protects and accelerates any Internet application online without adding hardware, installing software or changing a line of code. It operates principally in Austin, TX, Champaign, IL, New York, San Jose, Washington, D.C., Lisbon, London, Munich, Beijing, Singapore, and Sydney. Cloudflare Inc. is based in Denver, Colorado.
Analysis/Commentary
EPS Improving sales growth Quarter on Quarter
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the BASE following earnings
- Awaiting Slo Stochastic to trigger buy
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
$NET Breaks Above Recent ResistanceI had an alert set on this to see if it could break the recent line of resistance. It has and it's done it with lots of volume. You can see my entry and stop just below that line. I'll add if it holds the 50 day line with conviction. Ideas, not investing / trading advice.
NET on watchMassive move today. Would love to get this on a pull back to the green box, but may not get a chance. I have another alert set at todays high. A break of the high could get us up to 82.20.
Additional Info:
I am an intraday scalper and short term swing trader of stocks & Futures using options and equity.
I focus on high volume momentum stocks in strong uptrends.
My time frame is between 5minutes to 5 days on most trades.
I scale into positions and scale out of positions as my targets are hit.
I always trail my stops after T1 is hit to reduce risk and lock in gains.
If my post is on a Weekly/Daily/240M chart the idea is a swing trade.
If my post is on a 60M chart or lower the idea is a day trade.
Day trades can turn into swing trades if the stock is strong.
All trades should be supported by market direction.
Treat my posts as trade ideas and not signals.
Traders must trade using their own back tested trade plan and rules.
Traders must plan risk first and profits second.
Additional Additional Info:
If you use options to trade high IV stocks it is crucial to wait for some consolidation or a pull back.
If you buy an option when price is stretched you will find that even when the instrument trades in your
direction you will lose money because you will have paid too much premium.
Simple rule = BUY options when candles are SMALL and SELL options when candles are BIG.
NET: Breakout Confirmed, 30.09% Potential Profit!Description: NET is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $70.2 - $76.5
2. Take profit: $100.96
3. Stop Loss: $70.97
4. Risk To Reward: 1 / 3
5. Accuracy Rating: 97%
$NETBullish set up close on the weekly, trading above the previous week close, waiting to see this week close above 88.6% Fib to continue higher, if planning to start a position i would recommend to wait and see if it claims back 88.6% fib
NET/Cloudflare Bullish scenariosAs you can see the price has been in a triangle for a few week. after breaking the triangle and the descending trend line it would be a good point to enter.
Note that there is possibility that analysis goes wrong.
Cloudflare (BTD)Seems like a no brainer for the long run. Tight stop loss in play incase tech stocks continue to fall in April. Good luck!
$NET - is it time?IHS set up, but I was wrong on the same set up on ADSK
Collecting commons under $70 as much as possible.
Have some $130 and $135 large call option bets for May and July
$NET - IHS? NET could have an inverse head and shoulders.
Awaiting confirmation, but there is potential that confirmation will come next week.
Could be a time to lightly accumulate at a lower cost, but never enter your full position at one time.
Averaging up is strongly advised; avoid averaging down.
I will lightly accumulate at $73.35, $75.50, and last $78.
Target is high 90s, stop loss around $$67-$68 (major support at $60 level).
I hold onto a core amount of shares and sell calls if the market get's choppy.
NET 🌦I understand the market through through fractals. I use a strategy that I call Modified Elliot Wave Theory (MEWT). It Is comprised of fractals, Elliot Correction waves, inter-market analysis and the use of economics to identify patterns in my forecast reports.
time to reclaim the uptrend ?broke a important uptrend line and entered a short term downtrend, should retest the longterm uptrend by late april though! patience will payout here. long 76 and target 90!
Cloudflare $NET H&S top !$NET formed H&S on top but depend on the market it’s could be failed H&S which usually become a bullish pattern with same target of the valid pattern .
NET levels to trade, targeting 85+ in medium term, good swing Cheap spreads, holding 80/85c april
70/75c 3/19 safe spreads and credit 65/70p 3/19 to help fund
Uptrend losing momentumWill probably see the price bounce either at the 60 or 56.5 price lines, overall starting to show a bearish tendency.
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Hi! I am new in the TA world, comments and suggestions are highly appreciated!
Will NET Bring Cloud Back To Life?NET NYSE:NET is a riskier play at this moment due to the overall weakness in tech stock and market conditions. But, in comparison to other companies in this sector NET is holding up fairly well and showing some relative strength. NET tried to get over $76 today and failed to hold above. Testing a strong support zone for the third time over the past two months and looks like we may be starting to bounce. Volume has been accumulating with 4 out of the last 6 days trading above NET's daily volume average. POC on the daily chart is right at $82.51 lvl. If SPY/QQQ can start to breakout this week $$ should flow back into the tech stocks and the cloud sector which has taken a solid beating can see some bullish movement. Ideally, we gap up to $78 and form an island reversal. But, a play over $76 with the right market conditions looks primed for a good swing.
EMA's serving as a resistance above in the 78-79 range, tough lvls to get through in the Low Volume Node (LVN)
4/16 $80 calls will be my swing of choice (4.35/4.65). IV is very low 21% IV percentile on NET and if the market starts to move back up these can pay out well!
*I entered a small NET position this week and will add more on break of $76 with volume.
