NET formed a beautiful Cup & Handle and breaking out of it.
54 would have been optimal entry but not too late. This has 2x - 3x potential from here.
Too many confluences here - 1. Based over 75 and forming a Bull Flag on weekly timeframe. 2. Bouncing on 200 Week EMA 3. Over the 2021 ATH VWAP & IPO VWAP 4. The mighty 3rd wave in-progress
Long here with stop loss 75
For now let's target conservatively.
Target #1 110 Target #2 130
Trade active
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Almost there, Earnings and a strong move up
Trade active
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Booked most of my short term profits. will reload once it's settles down
Trade closed: target reached
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Trade active
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Moving on the next target. We can consider the gap is filled
Target #2 130
Comment
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NET inching up slowly. The sector isn't strong now. CROWD earnings pop faded quick. Let's see what it does.