As you can see the price has been in a triangle for a few week. after breaking the triangle and the descending trend line it would be a good point to enter.
Note that there is possibility that analysis goes wrong.
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...
Is $CRWD ready for an $ABC correction to $195
CRWD is definitely a leader in its space but this run looks a bit extended and exhausted along with a potential corrective wave to $195.
Use options to define risk as premium paid.
Suggested options to use: Feb 5 Weeklies $200 put trading at $4 a contract.
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,
$ORN: #1 AltCoin on @LunarCRUSH
New Terminal, a new era.
Rocket Your date with destiny begins at 2 pm UTC, December 15th.
Rocket A crypto trading experience which changes your perception of exchange.
- Your wallet.
- All major exchanges combined.
- No KYC for traders.
Let's do this:
Pagerduty is the most overlooked publicly traded company with 70% 3-year CAGR revenue growth that also has 85% gross margins. The stock has fallen since its IPO in the spring of 2019, while it’s peers who also IPO’d in 2019 have soared (see Page 2). Pagerduty sits in the middle of all business software applications, taking in real time data from all...
I went through and created a watchlist for names that have held up well in this choppy environment. Most of these names are at or near all time highs or multi year highs. There are 40 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some financial stocks which may be starting to...