Do you believe in Cloudflare enough, the company which is still not profitable, to invest at this stage? Fundamentally: although revenue grows exponentially the company is not making any profits, there is not much else to add and a lot will depend on the upcoming earnings report Technically: It is very tricky to analyse Cloudflare as it is a...
Cloudflare - Short Term - We look to Sell at 122.48 (stop at 132.12) We look to sell rallies. Bespoke resistance is located at 120.00. The bias is still for lower levels and we look for any gains to be limited. Choppy price action seen. We look for a temporary move higher. Our profit targets will be 94.27 and 83.10 Resistance: 120.00 / 140.00 / 170.00 ...
All the the stocks listed here are long term holds. NYSE:SQ NASDAQ:FB NYSE:SNAP NYSE:RBLX NASDAQ:COIN NASDAQ:HOOD NYSE:NET NYSE:PLTR NYSE:C NASDAQ:PYPL NASDAQ:MARA NYSE:BILL NASDAQ:NVDA NASDAQ:ROKU NASDAQ:AFRM NASDAQ:Z AMEX:EWZ 🗽🐂
One of THE most bullish chart since 2020 got hammered hard and found good support from the breakout zone. With ER next week, where price will end up is anyone's guess. with crazy moves like SNAP, FB, SPOT, NFLX, AMZN, I wouldn't want to gamble before consolidation.
Going long on NET via weekly chart. Strong reversal and bullish candle for this week in the fib channel. Two days left to confirmation but i think we finish strong and the MACD settles right on the bottom of that trend line.
RSI indicator showing that NET is oversold on the 3H chart. Strong buy at $180. We see a rally to $175 - $180. Our 5y forecast for NET is around $400 / $420. Vertical line is one week after earnings. www.nasdaq.com For educational purposes only.
Note: - NYSE:NET - Reverse play of the last phase of extreme growth and consolidation - Software companies have been depreciated comparatively strongly in the last consolidation - Hot sector - Chart setting up nicely (support around 127$) - EMAs coming together - Fundamentals are great Disclaimer and Info: - No guarantee for the correctness of information...
NYSE:NET $NET CloudFlare, Daily, Deep Crab ------------------------------------------------------- Buying between 130.54 - 145.49 Sell @ Target I : 165.58 , Target 2 187.23 DISCLAIMER: I am not a financial /investment advisor. All information i am sharing here is for entertainment purposes only and should not be considered personal investment advice. While...
Short term (rest of the year) Cloudflare will be in a correction (profit booking) like the rest of the market, which has been driven up crazy since the march dip 2020. Cloudflare will find support at 0.786 Fibonacci around 130-140$ which will be a good entry point for the start of next year 2021.
Working on its 11th consecutive higher daily close on decreasing volume. Will look for shorts under 165.
NET NYSE:NET is a riskier play at this moment due to the overall weakness in tech stock and market conditions. But, in comparison to other companies in this sector NET is holding up fairly well and showing some relative strength. NET tried to get over $76 today and failed to hold above. Testing a strong support zone for the third time over the past two months...
With earnings next week 2/11 coming off an impressive Q3 report, and with such a bullish looking pattern, I'm expecting a pop out of this triangle. Based on past measured moves, the target would be around $107 if we do break past $85 and hold strong. Long term hold regardless of the outcome.
NET - Ready to Test the Highs ______________________________________________________________________________________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
Bounce on these level would mean the uptrend continues, otherwise NET may consolidate for a while before making a bullish move.
Initially thought it was going down t0 66, but now it seem to move in a range between support and resistance. Might go up to 82 and above.
Sell NYSE:NET now for 3.5% deposit Take 1: 80.22 Take 2: 77.22 Take 3: 70.22 Take 4: 62.22 Stop: 3.5% Profit: 17% (max. 30%) Wish you luck !