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jaketrades1
Jul 2, 2020 2:09 AM

$NET - Strong Parabolic Candidate Long

Cloudflare, Inc.NYSE

Description

The Cloud Services sector is my favorite right now! Especially on stocks which have not ran much yet (AKAM). To me, NET seems like it could follow in the steps of FSLY 's insane parabolic move. It's step-by-step setup is following perfectly and remains bullish in my eyes. RSI does not indicate overbought so this still has some room to fly. I would recommend getting in below $38 but what do I know.


GL

Trade active

So far so good, still long. Next pt is $45 stop below $37

Trade closed: stop reached

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