NET - Market leader Setting up for leg higher.
VCP during consolidation.
Needs to show some RS next selling day, weak 11/10 with markets red.
NET trade ideas
nice area to take longbreaks up and tests for support add on/right after test
use lower time frames to see test
first box is price target once above and tests for support nxt price target is 1/2 ATR to full ATR
short if breaks major support (bottom box) with test up for resistance (can be seen on lower time frame)
How is this going to endI have been wrong about this stock a few times in the last few weeks considering its done and it shouldn't be going up anymore. Well, i was wrong.
I think this stock still has 20% upside and will reach up to 260+ before it will see a significant correction.
With today's earning beat this will rally tomorrow and i don't have an entry point yet. if someone is long already, this is just my view on where the profits can be booked.
$NET Put idea...Market looking weak, grabbed a net $180 put at $2.00 earlier, now $2.43 could make it a spread with selling the $170 or $165
Crazy stockWE shorted this first at 132, covered at 115. Went long at 113 and i covered my position fairly early and tried shorting it again, this stock didn't stop at nothing. I think its overstretched and i have taken another short attempt today.
NET idea #1Working on its 11th consecutive higher daily close on decreasing volume.
Will look for shorts under 165.
NET to 195 then pullback Should have a little more room to 195 resistance then I think we pullback to 175 support.
Overbought on weekly RSI,MacD, MFI, Bollingerbands.
This run this stock has had reminds me of Oracle's summer run.. it happens when there are limited shares of a company and institutions are buying it up
$NET if the market pulls back...One more try here, Net $170 puts 10/29 for $2.20, tight stop if we push into close...
NET forming a flag if he head lower tomorrow it will be a conformation for me that a flag is forming.
Short below 175.
Target 165
stop 176
Long over 176
Target ATH
stop 174.50
$NET trying a put...Been the darling for weeks now, seems a little extended. Tried a few $170 same week puts at $1.69, solid risk/reward. Will close out tomorrow regardless of the move, just a quick theory that we are due for a pull back...
Cloudflare with 1 yr linear regression channelPrevious chart had linear regression set at 65 days.
Both use 2% standard deviation.
Moving average line on volume = 12 days
Cloudflare $NET on a Run!Just more buyers than sellers ... right?
Or maybe market is anticipating better than expected revenue numbers with pending Earnings Release.
Anyway, 13 days in a row and a mere 68% increase in price/ market cap month to date.
Pennant Pattern on Cloudflareif the price breaks the Pennant tomorrow (19-June-2020), there is a potential 16% uptrend
Shorting this again.First short done here -
then long - though i closed it at $121. It did much better than what i expected.
Shorting it again with the SL of $138.00.
Cloudflare reaching a real top here?Hi, I've been following Cloudflare for a while, on the surface to be fair, and this stock is obviously valued at a premium where 50% CAGR is expected for a loooong time imo.
As the chart shows, on LOG scale, we are at trend of previous tops, and I've initiated a short position here, nothing big, mostly for fun, as I'm fundamentally a long term investor who does this for fun.
The stock has been overbought for a while on the hourly, and therefore it is poised to begin sinking imo.
Of course I need a stop loss with this, as I might very well be wrong, and I don't have a price, but if it makes a candle above the trend line, I'll be out.
Time may also force me out, as the trend obviously is bullish, therefore trending higher.
Cloudflare: This high-flying growth stock makes cloud computing "Brian Withers (NET): Cloudflare stock has been on a tear this year, up over 75%. While its fundamentals have improved, there's lots of excitement priced into this stock. Its price-to-sales (P/S) ratio is reaching a high-altitude, cirrus-cloud level of 77. But if the market pulls back in October, this is one you'll want to add to your portfolio. Let's find out why.
First, the recent top-line growth and customer numbers are top-notch. Second, the company is growing its addressable market by adding adjacent products. When the company went public, it targeted its addressable market at $32 billion focused on its Cloudflare Application Services. By 2024, it expects its market to be $100 billion with general category growth and the addition of its Cloudflare Network Services and Cloudflare Zero Trust Services. With this rounding out of its offerings, it is making a more attractive platform for customers to grow their spend over time. Its most recent quarters' record 124% dollar-based net retention is evidence this strategy is working.
Lastly, the market for cloud computing is becoming a massive market. International Data Corporation (IDC) forecasts the market for cloud computing and all of the related hardware, software, and professional services to be $1.3 trillion by 2025. This is up from $707 billion in 2021, representing a compound annual growth rate of 17%.
This easy-to-onboard cloud service is attracting more customers and growing its market. If the only thing holding you back is its lofty valuation, this would be a great stock to add to your watch list in case the market pulls back this month."
- The Motley Fool
NET LONG (CLOUDFLARE)s.e. 99.50
s.l. 180.81
t.p. 61.17
In according to the indicator we can see a bull trend for long, but the other indicators MACD and RSI suggest that the graph will have a little down flex. whit this prevision we try to put the entry when this flex will be finished but to safeguard our operation we put a lower s.l.
no financial advise
Update on NetShort was pretty good on this one and then i have initiated a long for the target of $119. Will close longs at $119 and then wait for another short position on this
Weekly Watchlist 10/4 - 10/8Here is what stocks we are looking at this week!
NASDAQ:AAPL
Seeing a nice bounce off of 100sma and the .50 fib level.
Looking to take a move over $143 with targets of $144, $145, and $146
NYSE:NET
Nice consolidation and retest of old $112 support.
Looking to take a move over $116 with targets of $118 and $120
