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huntersanna33
Aug 22, 2021 4:16 PM

NET - At Volume Profile Node (8/23/2021) Long

Cloudflare, Inc.NYSE

Description

ATR and Volume is currently declining and price is at slightly above the largest volume node. Stock has let the 23EMA catch up and has held very well recently. Has tested the ATH breakout a few times but buyers cant seem to take over the stock as sellers are present but drying up. Range has been somewhat tightening on lower volume as well. Looking at the 30M seems like buyers are more aggressive than the seller currently.
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