Cloudflare

Cloudfare - Wave 3 of 3?Cloudflare with a brutal move up recently, could be wave 3 of 3 which would explain the rush. Wave 3 could finish around the 1.618 extension which is $434, before a breather for wave 4.

$NET Every AI Agent Uses Cloudflare. Two Monthly Entries Mapped!Matthew Prince, Cloudflare's CEO, said it best on the Q4 2025 earnings call. If agents are the new users of the web, Cloudflare is the platform they run on and the network they pass through. AI agents do not operate in isolation. Every agent that browses the web, calls an API, routes data, enforces access policy, or serves an application has to pass through a network. Cloudflare is that network. When an AI agent built on OpenAI, Anthropic, or any other model makes a request on the internet, the overwhelming likelihood is that Cloudflare's infrastructure is involved somewhere in that chain. Security, performance, routing, DNS, Zero Trust access, DDoS protection, edge compute. Cloudflare provides all of it in a single platform that cannot be replicated quickly or cheaply. As the number of AI agents deployed globally compounds, Cloudflare's network traffic, contract value, and revenue compound with it. The company closed its largest ever ACV deal in Q4 averaging $42.5 million per year. New ACV grew nearly 50% year-over-year. That is not coincidence. That is enterprises building AI infrastructure and choosing Cloudflare as the underlying network layer. The Iran war has created the entry. Cybersecurity names sold off as broader tech faced pressure... 🟢 Buy Zone 1 ($185.12 area) 0.618 Fibonacci retracement and prior monthly breakout shelf. Stop: $176.54 (4.635% below entry) / $980 position Qty: 2 Risk/Reward Ratio: 11.37 Target 1: +52.679% ($97.52 / $1,227.32) 🟢 Buy Zone 2 ($172.27 area) 0.786 Fibonacci retracement and the long-term demand base from 2024. Stop: $163.69 (4.981% below entry) / $980 position Qty: 2 Risk/Reward Ratio: 17.95 Target 2: +89.412% ($154.03 / $1,359.04) Key Levels: 🔑 Current Price: $203.02 🔑 Buy Zone 1: ~$185.12 | Stop: $176.54 🔑 Buy Zone 2: ~$172.27 | Stop: $163.69 🔑 52-Week Low: $89.42 🔑 52-Week High: $260.00 🔑 Q4 2025 Revenue: $614.5M (+34% YoY) 🔑 FY2025 Revenue: $2.167B (+29.8% YoY) 🔑 Cash Position: $4.1B 🔑 $1M+ Customers: 269 (+55% YoY) 🔑 RPO Growth: +48% YoY 🔑 2026 Revenue Guidance: $2.785B to $2.795B 🔑 2026 EPS Guidance: $1.11 to $1.12 🔑 Citigroup Target: $265 🔑 Consensus Target: $240.72 (Buy) 🔑 Next Earnings: May 7, 2026 🎯 Target 1: +52.679% ($1,227.32) 🎯 Target 2: +89.412% ($1,359.04) ⚠️ Hard Stop Zone 1: $176.54 ⚠️ Hard Stop Zone 2: $163.69

by ConnectmyCurrency

$NET: Breakout attempt into prior resistance — waiting for retes NYSE:NET Cloudflare ( NYSE:NET ) is testing a key prior resistance/supply zone on the daily chart. Price recently pushed into the previous high area with improving momentum, but I would not call this a confirmed breakout yet. At this stage, it looks more like a breakout attempt than a fully validated move. What I’m watching: Upper resistance / supply zone: This is the key area price needs to reclaim and hold above. Retest zone: If price pulls back and holds the prior breakout area, that would strengthen the bullish case. Lower support zone: If the retest fails, price may rotate back toward the lower support region. Market Scenarios: 🟢 Bullish scenario: If NYSE:NET can hold the retest and then push back above the resistance zone with follow-through, this breakout attempt could turn into a confirmed breakout. 🟡 Neutral scenario: Price may consolidate between support and resistance for a few sessions before choosing a direction. 🔴 Bearish scenario: If price loses the retest area and falls back into the prior range, this would increase the chance that the recent move was a failed breakout (fake-out). My view: The trend is improving, but I prefer to see confirmation after a retest rather than chase the first push into resistance. (Not financial advice. Just sharing chart structure and price-action levels.)

NET - Monthly for direction, daily for execution.Cloudflare, Inc. NET - CURRENT PRICE : 195.85 📈 Monthly Chart Technical Analysis On the monthly timeframe, NET is showing a strong bullish development as the RSI crosses back above the 60 level. Historically, there were two previous instances where RSI moved above 60 on the monthly chart — and both times were followed by significant upside price expansion (look at the two vertical green line). This indicates that the 60 level acts as a momentum confirmation zone rather than a sign of exhaustion. Currently, RSI is reclaiming bullish territory again, signaling strengthening momentum. This move is further supported by a bullish piercing line candlestick pattern, suggesting buyers are stepping in with conviction after a pullback phase. However, it is important to note that February’s monthly candle is not fully formed yet, as we are still in the middle of the month. Aggressive traders may enter ahead of confirmation, positioning early while momentum builds. 📈 Daily Chart Technical Analysis On the daily timeframe, NET is forming a compelling technical buy setup. Firstly, a clear bullish divergence is present, where price made a lower low while momentum indicators such as RSI and MACD formed higher lows. This signals that selling pressure is weakening and downside momentum is fading — often an early indication of a potential reversal. Secondly, the RSI has crossed back above the 50 level, which suggests momentum has shifted back into bullish territory and buyers are regaining control. Take note also that RSI is still below 70, indicating there is room for further upside. Lastly, the recent pullback appears technically healthy, as price retraced toward the Golden Ratio (around the 61.8% Fibonacci level) and found support without breaking the overall structure. This type of controlled retracement within an uptrend typically strengthens the case for continuation. Taken together — bullish divergence, RSI reclaiming 50, and a healthy retracement — the daily chart supports a technical buy bias with improving short-term momentum. ENTRY PRICE : 190.00 - 195.85 FIRST TARGET : 230.00 SECOND TARGET : 245.00 SUPPORT : 160.35 (the low of 06 FEB 2026 candle) Notes : According to moomoo platform, recent broker updates remain constructive, with multiple institutions maintaining or upgrading to Buy ratings. Target prices range between $190 and $265, with broader analyst projections indicating potential upside toward the $225–$300 zone, supporting the ongoing bullish technical structure.

Can Cloudflare Become the Nervous System of the AI Internet?Cloudflare has evolved far beyond its origins as a content delivery network to emerge as a unified "connectivity cloud" that sits at the critical intersection of security, performance, and programmable compute. The company's fourth-quarter 2025 results reveal a remarkable 34% year-over-year revenue surge to $614.5 million, driven by its strategic positioning in what CEO Matthew Prince calls the "Agentic AI" era. With Cloudflare now handling 60% of all internet traffic via APIs and 31% of traffic originating from bots, the company has built infrastructure specifically designed for autonomous AI agents that execute complex tasks across the web. Its Workers platform enables developers to run code at the network edge, physically closer to users, dramatically reducing latency for real-time AI interactions. Recent acquisitions of Astro, Human Native, and Replicate demonstrate a comprehensive strategy to own the entire AI lifecycle, from high-performance web development to AI model deployment and ethical data monetization. The financial trajectory reinforces Cloudflare's competitive moat in an increasingly AI-centric economy. Management projects fiscal 2026 revenue of $2.79 billion, representing 29% growth, while institutional ownership has reached 82%, a vote of confidence in the company's long-term vision. Free cash flow more than doubled in the recent period, providing ammunition for continued strategic acquisitions without excessive leverage. Cloudflare's economic model disrupts traditional cloud providers through unmetered DDoS protection and zero-egress-fee storage via R2, creating a "virtuous flywheel" where increased traffic enhances machine learning models, which in turn attracts more customers. In a market where global IT spending is forecast to exceed $6 trillion in 2026, with cybersecurity spending up 12.5% and GenAI model spending surging 80.8,% Cloudflare addresses both priorities simultaneously through its integrated platform that 85% of tech leaders are using to consolidate redundant tools and eliminate "shadow IT." Beyond growth metrics, Cloudflare has established critical technological and geopolitical advantages that will define its competitive position for the next decade. The company leads the industry in post-quantum cryptography adoption, with 52% of TLS traffic already quantum-secure using NIST-approved ML-KEM standards protecting against future "harvest now, decrypt later" attacks before competitors have even begun migration. Its Data Localization suite addresses the urgent need for digital sovereignty, allowing organizations to comply with regulations like GDPR while maintaining global scale. With 291 patents and a 98.6% USPTO grant rate, Cloudflare's intellectual property portfolio focuses heavily on AI networking and edge security. The company's "Firewall for AI" provides granular control over AI interactions, blocking prompt injections and preventing data leaks—critical capabilities as 93% of employees input sensitive information into unauthorized AI tools. As the internet fragments into regional silos and quantum computing threatens existing encryption standards, Cloudflare has positioned itself as the essential infrastructure layer for organizations navigating the "Technical Glass Ceiling" that separates modern enterprises from those trapped by legacy systems.

Cloudflare: The Edge AI Infrastructure Powerhouse Cloudflare recently shattered Q4 2025 analyst expectations with surging revenue and robust guidance. The company reported significant growth fueled by AI demand. Investors responded with enthusiasm, driving shares higher. Analysts like Guggenheim promptly raised price targets to $140. Cloudflare now stands as a primary beneficiary of the AI infrastructure boom. The Patent Moat and Technical Edge Cloudflare dominates the edge computing landscape through relentless innovation. Its proprietary "Workers" platform remains a patent-protected goldmine for the firm. Recent acquisitions of Astro and Human Native expand these technical capabilities. These moves integrate high-performance web development with AI-ready content streams. The company aggressively secures intellectual property that optimizes global data routing. This patent strategy creates a formidable moat against legacy competitors. Their VMFE templates further streamline developer workflows at the edge. Cloudflare transforms the network into a programmable, intelligent fabric. Geostrategy and Geopolitical Resilience Data sovereignty now dictates global technology strategy. Cloudflare’s massive distributed network addresses these geopolitical shifts effectively. They provide localized security in an increasingly fragmented digital world. This geostrategy reduces latency while ensuring strict regulatory compliance. The company acts as a neutral digital bridge across borders. Their infrastructure protects critical assets against state-sponsored cyber threats. This positioning makes Cloudflare essential to national digital defenses. They turn geopolitical volatility into a structural market advantage. Industry Trends: The Rise of Agentic AI Agentic AI represents the next major technological frontier. Cloudflare positions itself as the essential infrastructure for these autonomous agents. Industry trends favor decentralized, low-latency processing for real-time AI. The "Connectivity Cloud" meets this demand by moving compute closer to the user. They are no longer just a content delivery network. Cloudflare provides the "neurons" for the global AI brain. Large language models require the speed that only edge networks provide. This shift secures Cloudflare’s relevance for the next decade. Management, Leadership, and Culture Matthew Prince leads with a clear, long-term vision. The leadership team prioritizes engineering excellence over short-term marketing gains. This culture fosters rapid product development and seamless deployment. They maintain a competitive edge through agile, founder-led decision-making. Management demonstrates disciplined capital allocation and impressive operational leverage. They successfully transitioned from a self-service model to enterprise dominance. This leadership stability reassures institutional investors during market swings. Their internal culture attracts top-tier talent in a competitive field. Macroeconomics and Business Model The SaaS business model delivers high margins and recurring revenue. Upselling existing clients remains a core economic driver for the company. Cloudflare thrives even as businesses tighten their overall budgets. Cybersecurity and AI infrastructure remain non-discretionary expenses for modern firms. High-tech integration remains their primary engine for economic growth. The company’s "freemium" funnel efficiently captures the next generation of giants. This creates a self-sustaining cycle of growth and market penetration. Cloudflare hedges against inflationary pressures through essential service pricing. Cybersecurity and the Science of Defense Cyber threats evolve with increasing speed and terrifying complexity. Cloudflare utilizes advanced machine learning to preempt these sophisticated attacks. Their scientific approach to network traffic analysis remains unparalleled. They turn massive global data sets into actionable security intelligence. The company thwarts record-breaking DDoS attacks with automated precision. This technical superiority protects the fundamental integrity of the internet. By securing the edge, they protect the entire digital ecosystem. Cloudflare remains the definitive shield for the modern enterprise.

by TradeThePool

$NET: The $464 Vision - Betting on the Edge AI Supercycle 🌐🚀 Most analysts are looking at $249, but they are missing the forest for the trees. Cloudflare isn't just protecting websites anymore; it’s the operating system for global AI inference. The Setup: We are currently consolidating after a massive 3X run from the April 2025 lows. I’m looking for a reclaim of $215 to confirm the move back to the ATH $260 range. The Target: If the $5B ARR target is pulled forward by AI demand, a $464 price point represents a realistic 2027/2028 'blue sky' valuation. Entry: $185 - $195 zone. Invalidation: A weekly close below $168 (200-day SMA). #NET #Cloudflare #AIStocks #Breakout #TechStocks #CloudComputing

Cloudflare (NYSE: $NET) Pops After Bullish Barclays Call Cloudflare (NYSE: NYSE:NET ) jumped in premarket trading after Barclays initiated coverage with an Overweight rating and a $235 price target. Shares rose roughly 3% as analysts led by Saket Kalia outlined a strong multi-year growth roadmap supported by Cloudflare’s expanding product ecosystem and accelerating market share gains. Barclays highlighted Cloudflare’s unique homogeneous global network, which currently supports nearly 20% of the internet. Because the entire network can run any Cloudflare service at any time, the company is able to scale new offerings quickly and capitalize on secular trends such as cybersecurity expansion, AI inference, cloud adoption, and emerging “no-click” search. Cloudflare organizes its business into four product suites, or “Acts.” According to Barclays, Act 1 delivered about 85% of FY24 revenue, while Acts 2 and 3 contributed the remaining 15%. However, Acts 2 and 3 are growing materially faster and tapping into large, rapidly expanding markets where Cloudflare continues to take share. Analysts believe this evolving mix will strengthen revenue durability as the company moves deeper into security, AI, and developer tooling. Barclays expects 27%–30% annual growth through FY28, driven by continued share gains and broader adoption of Cloudflare’s enterprise contracts. While valuation is elevated relative to peers, analysts argue that sustained 30% growth rates are rare in large-cap software — and historically, markets have rewarded companies able to maintain this trajectory. Cloudflare’s focus remains on the Rule of 40, balancing high growth with improving profitability over time. Technicals NET remains in a strong bullish structure. After hitting the $260 resistance, price retraced toward the $180 support zone, where buyers quickly stepped in. The rejection at support confirms bullish momentum, with upside targets now pointing back toward $260. As long as price holds above $180, bulls remain firmly in control.

NET — AI Infrastructure Leader Launches Stablecoin Innovation Company Overview: Cloudflare, Inc. NYSE:NET is a global leader in cloud connectivity and cybersecurity, delivering secure, scalable, and high-performance infrastructure for the modern internet. The company is evolving into a key enabler of AI-driven applications, with its Workers platform gaining strong enterprise traction to power large-scale intelligent workloads. Key Catalysts: Fintech breakthrough: The launch of the NET Dollar stablecoin bridges AI, cloud, and financial infrastructure, enabling automated machine-to-machine (M2M) payments and introducing new recurring revenue models. Enterprise growth: Added 219 new large customers in Q2 2025, highlighting accelerating adoption and market leadership. AI ecosystem expansion: Increasing integration of Cloudflare’s edge computing network within enterprise AI frameworks positions it at the core of the next-generation digital economy. Investment Outlook: Bullish above: $188–$190 Upside target: $380–$390, supported by AI infrastructure dominance, fintech innovation, and accelerating enterprise demand. #Cloudflare #AI #Stablecoin #Cybersecurity #Fintech #DigitalInfrastructure #EdgeComputing #Investing #NET

by Richtv_official

Will Tomorrow’s Secrets Remain Safe?The financial world stands at a critical juncture as the rapid advancement of quantum computing casts a shadow over current encryption methods. For decades, the security of sensitive financial data has relied on the computational difficulty of mathematical problems like integer factorization and discrete logarithms, the cornerstones of RSA and ECC encryption. However, quantum computers, leveraging principles of quantum mechanics, possess the potential to solve these problems exponentially faster, rendering current encryption standards vulnerable. This looming threat necessitates a proactive shift towards post-quantum cryptography (PQC), a new generation of encryption algorithms designed to withstand attacks from both classical and quantum computers. Recognizing this urgent need, global standardization bodies like NIST have been actively working to identify and standardize quantum-resistant algorithms. Their efforts have already resulted in standardizing several promising PQC methods, including lattice-based cryptography (like CRYSTALS-Kyber and CRYSTALS-Dilithium) and code-based cryptography (like HQC). These algorithms rely on different mathematical problems believed to be hard for quantum computers, such as finding the shortest vector in a lattice or decoding general linear codes. The finance industry, a prime target for "harvest now, decrypt later" attacks where encrypted data is stored for future quantum decryption, must prioritize adopting these new standards to protect sensitive financial transactions, customer data, and the integrity of financial records. The transition to a quantum-safe future requires a strategic and proactive approach. Financial institutions need to conduct thorough risk assessments, develop phased implementation roadmaps, and prioritize crypto agility – the ability to switch between cryptographic algorithms seamlessly. Early adoption not only mitigates the looming quantum threat but also ensures regulatory compliance and can provide a competitive advantage by demonstrating a commitment to security and innovation. As technology leaders like Cloudflare begin to integrate post-quantum cryptography into their platforms, the financial sector must follow suit, embracing the new cryptographic landscape to safeguard its future in an era defined by quantum capabilities. Adopting post-quantum cryptography is essential, as merely using a different mathematical method does not ensure protection against quantum computing threats.

Cloudflare: Progress Cloudflare has demonstrated impressive upward pressure, surging more than 40% in just a few days. In response, we now consider waves 3 and 4 in green as finished and locate the stock in the final stretch of this impulse move, which should ultimately complete the orange wave iii. Given that key expansion levels have already been reached, we expect the wave iii high to form soon. Afterward, we anticipate a sharp wave iv correction, with downside potential toward the $122.68 support.

Cloudflare: Resistance By expanding the green wave 3, NET recently stretched above the resistance at $117.70. However, the stock only briefly surpassed this level before encountering selling pressure, which pushed it back to its early December levels. Primarily, we expect the price to overcome this resistance to complete the green five-wave structure and, thus, the orange wave iii. A still ongoing wave alt.ii correction remains a possibility in the context of our 30% likely alternative scenario.

Technical Analysis on Cloudflare (NET)Cloudflare ( NET ) experienced exponential growth between 2020 and 2021, followed by a sharp decline in 2022. This decline halted around a support level at approximately $40, which has been tested multiple times as a key level. Recently, the stock broke through a significant volume area, also surpassing a key resistance level that had been tested multiple times in the past. Bullish Scenario Currently, it appears to be in a retest phase. If this level can hold as new support, the stock could continue its upward trend, with an initial target around $130. Bearish Scenario If the retest fails, as it did in April 2024, the stock may retrace toward the POC area, located around $60. A move below this key level would increase the likelihood of a further decline toward the critical $40 support, previously tested multiple times, where it could attempt to stabilize once again.

by Giovanni_Bandini

Cloudflare Plummets 18% After Disappointing Revenue Outlook Cloudflare Inc. shares ( NYSE:NET ) fell by 18.35% after the company's second-quarter revenue projections fell short of analysts' expectations. The company estimated revenue to be between $393.5 million and $394.5 million in the second quarter, with the midpoint missing analysts' estimates of $394.5 million. This has raised concerns about the company's ability to maintain its current growth rate. Cloudflare ( NYSE:NET ) and its peers have faced headwinds in recent months as businesses scaled back IT spending. Despite this, the company posted adjusted earnings of 16 cents per share, up from a year earlier and beating analysts' estimates of 13 cents. Its first-quarter sales of $378.6 million beat analysts' estimates of $373.7 million. Analysts believe that Cloudflare ( NYSE:NET ) is taking share from rivals with cloud-based offerings on its content-delivery network, and a sales-force restructuring has gained traction. New product launches and larger enterprise accounts may help the company maintain steady revenue growth. Technically, Cloudflare ( NYSE:NET ) stock is trading below the 200-day Moving Average (MA) forming a downward gap that occurred as a result of the disappointing revenue outlook. the stock is trading with a Relative Strength Index (RSI) of 25.74 which is arguably oversold.

Cloudflare $Net - Will it swing into a 150%-200% move?Cloudflare NYSE:NET - Will it swing into a 150%-200% move? Cloudflare has a long way to run if it gets back to the all-time high. Price it trading above the EMAs even though we are in a pullback. If it pulls back into the EMAs, it could swing into a 150% - 200% move back to the all-time high. Cyber security will always be a concern. If Cloudflare can continue to solve those problems, especially with the quantum computing threat, Cloudflare will be relevelent.

by PortfolioBuildersClub

NET - And another Cup & Handle 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

Cloudflare Shares Spike 8% After Upbeat First-Quarter Forecasts Cloudflare Inc. (NYSE: NYSE:NET ) has recently announced its first-quarter revenue and profit forecasts, surpassing market estimates. The company's optimistic outlook is fueled by the growing demand for its cloud and content delivery services, reflecting a broader trend of enterprises accelerating their digital transformations. Let's delve into Cloudflare's (NYSE: NYSE:NET ) financial projections, recent performance, and market outlook, providing insights into the company's position in the rapidly evolving cloud computing landscape. 1. Strong Q1 Revenue and Profit Projections: Cloudflare (NYSE: NYSE:NET ) anticipates first-quarter revenue to range between $372.5 million and $373.5 million, exceeding analysts' expectations. Projected adjusted earnings stand at 13 cents per share, higher than the consensus estimate of 12 cents. Meanwhile, the robust forecasts underscore Cloudflare's (NYSE: NYSE:NET ) confidence in its ability to capitalize on surging demand for cloud and cybersecurity services. 2. Factors Driving Growth: Demand Surge: The accelerated digitization of operations by enterprises has led to a surge in demand for cloud and cybersecurity services. Cloudflare stands to benefit from this trend, offering a suite of website and application services tailored to modern digital workflows. Client Retention: Cloudflare's emphasis on client retention as a driver of topline growth is underscored by significant wins in both new customer acquisitions and renewals, as highlighted by CEO Matthew Prince. Resilience Against Cyber Threats: Despite facing attempted cyber intrusions, Cloudflare (NYSE: NYSE:NET ) has demonstrated resilience, with minimal operational impact. This resilience enhances the company's reputation for robust cybersecurity infrastructure. 3. Financial Performance: - Fourth-quarter revenue soared by 32% to $362.5 million, surpassing analyst expectations. - Adjusted earnings per share stood at 15 cents, further exceeding analyst forecasts. - Cloudflare's impressive financial performance reflects its ability to effectively leverage market opportunities and deliver value to shareholders. 4. Technical Outlook: Positive Momentum: Cloudflare (NYSE: NYSE:NET ) is experiencing positive momentum, evident from its rising trend channel in the medium to long term. Cloudflare (NYSE: NYSE:NET ) stock recently broke out of a rectangle formation, indicating potential further upside towards the $133 mark or beyond. 5. Market Position and Outlook: Competitive Landscape: Cloudflare operates in a competitive landscape dominated by evolving technological trends and innovations. However, its focus on delivering robust cloud and cybersecurity solutions positions it favorably among competitors. With increasing reliance on cloud-based services and cybersecurity infrastructure, Cloudflare (NYSE: NYSE:NET ) is poised for sustained growth. The company's proactive approach to innovation and customer-centric solutions bodes well for its long-term prospects. Conclusion: Cloudflare's optimistic revenue and profit forecasts, coupled with its resilient financial performance and positive technical outlook, underscore its position as a key player in the cloud computing and cybersecurity sectors. As enterprises continue to prioritize digital transformation initiatives, Cloudflare (NYSE: NYSE:NET ) is well-positioned to capitalize on evolving market dynamics and deliver value to shareholders in the foreseeable future.

Cloudflare: Downhill 🏂In the chart of Cloudflare, the last high should have set the top of the orange-colored wave b, which we count as a sub-wave of the larger (ii) in blue. Accordingly, we expect another setback to below the support at $75.50, where the reversal should finally be initiated in the blue Target Zone (coordinates: $67.96 - $57.11). Prices within this range can be used to enter long positions. Only a significant breach of the resistance at $86.91 would convince us that the price will rise imminently with wave alt. (i) in blue. This option is 33% likely.

Cloudflare: Above the Clouds ☁️Cloudflare shares have continued their strong rise over the past few days, overcoming resistance at $72.00. This development was an important step on the upward journey and should generate further upward momentum. The magenta wave (iii) should be continued up to around $92.

Cloudflare Eyes Growth From Artificial Intelligence Investments From a technical view, NET stock owns a 76.07 buy point from a consolidation. For more aggressive investors, there's a lower 66.24 buy point — the Nov. 7 high. NET stock has cleared resistance in the 66 trading area. A 5% buy zone extends to 69.55. Started in 2009, Cloudflare speeds up and provides security for web applications routed through its intelligent global network. When the company released third-quarter earnings for NET stock on Nov. 2, management updated analysts on its AI infrastructure plans. NET Stock: Deploying Nvidia AI Chips As of Oct. 31, Cloudflare told analysts it had deployed "inference-optimized" Nvidia (NVDA)-made GPUs in 75 cities. It plans to deploy the Nvidia chips in 100 cities by the end of 2023. In 2024, Cloudflare aims to deploy the Nvidia AI chips in 300 locations worldwide. The AI networking cards are simply plugged into computer server PCI slots, lowering capital spending needs. Cloudflare Q3 Earnings Beat In addition, Cloudflare has set a long-term goal of $5 billion in annual recurring revenue, or ARR, from subscription-based services. Its 2022 revenue stood at $975.2 million. Cloudflare earnings for the quarter ending Sept. 30 were 16 cents a share, up 166% from 6 cents a year earlier. Revenue climbed 32% to $335.6 million, the San Francisco-based company said. Analysts predicted profit of 10 cents a share and revenue of $330.5 million. In Q3, Cloudflare said it added 206 new large customers that spend more than $100,000 annually. It ended the quarter with 2,558 large customers, up 34% from a year earlier. Price Momentum NET is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.

Long NET Long Net, tight stops. Good consolidation and weekly looks primed....back above diagonal. Essentially a big triple bottom with some room to run. MACD very wound up....worth a punt.

NET , TP 54.65, SHORT TF = H1 On the hourly chart, the trend started on May 19 (linear regression channel). There is a high probability of profit. Possible take profit level is 54.65 But do not forget about SL = 60.23 Good luck! Regards, WeBelieveInTrading

by WeBelieveInTrading

NET SHORT Stay tuned to see how Cloudflare's revenue continues to grow in a predictable fashion! We're confident that the company has a compelling value proposition and will soon become profitable. It's an exciting time for investors who are willing to take on their own risk. #Cloudflare NYSE:NET