I 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.
Comment:
4/15 I have set an alert at $80.01. If this can get over that and hold I'll be adding more shares.
Comment:
4/15 I have also moved my stop to breakeven. This is now a can't lose trade.
Comment:
4/16 Sold 1/2 of my existing position as $NET pulls back to resistance / Support level. I'm ready to add back if it bounce up or sell if it has a decisive close below that support line. I'm giving this a little more room than break even although I have cut my position so if it fails it will be a small loss.
Trade closed: stop reached
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.