$NEWR very constructive coiling pattern, and obeying between ATH VWAP resistance and pre-ER trough VWAP. wouldn't take a trade now as ER Post-M later where price action are binary event, a gamble. if first bar trades to the upside of triangle tml, it is trend resumption BO. WL
After announcing the earnings below wall street estimates the share price of $NEWR dropped by around 16%. Technical Analysis: $67.0 acted as Support. But we should wait couple of day in order to see the share price Holds 67. But here we might risk around 3-4% and get 15-20% profit. Fundamental Analysis: New Relic (NEWR) reported a 3rd Quarter December 2020...
This one actually bit us last time we tried it, but I believe in the winrate so I'm down to try again. I like the way we moved through the cloud. This ticker has been in a channel since the beginning of august and we're testing the top so there's big upside if it does break out. set $0.56 trailing stop when price breaks $66.65, stoploss at $61.47
NEWR seems breaking down forming a inverse fallen angel formation. It has very big insider selling. CEO and CFO ETC. Sold Big %'s over time. We think it has very strong downside potentioal. * Trade Criteria * Date First Found- April 4, 2018 Pattern/Why- Inverse fallen angel pattern Entry Criteria- Current price ($73.70) (hit April 4, 2018) Exit Criteria-...