NET: $30H&S Move lower - High volatility October before the election and too much uncertainty if the market will BiDown or TrUmP.
Trade ideas
lONG NET NET - From 45 Top Date 7 Aug 2020 To 32 Low 8 Sep 2020 ( Lock Corrective A-B-C Patten ) , im Long my target 81 stop 36.30
$NET Massive upside possible Want to go long at $34
A key level
Just using trading view as a means to journal some trades
09/16/20 NETNET is undergoing a potential wave 1 of wave 5. Look to enter on the retrace of wave 1 with a stop at just under the low of 32.70.
Excellent buy zone here 32/33 for a trade back to 38Got some shares here at 32.65 and will buy some call options tomorrow is we trade any lower. Looking at the 9/18 $32 calls. Currently 2.60
NET SHORT OR SELL TARGET DROP TO $30NET has two nested patterns, "SHS" and "Wedge", both in favor of discounts.
NET short : $36.5 - $37 or $36
NET target : 30 +-1
Stop loss : 6%
Wish you a good deal !
Long idea on $NET Cloudflare with ema as support + bullish trendIdea: 4hour chart: 200ema support, daily chart: 50ema currently us as support and 0.236 fib level as buy range in bullish trend with higher lows.
1). Limit Buy: 38$
2). Limit Buy: 38.20$
3). Limit Buy: 38.44$
Average price: 38.269$
1). Take Profit: 41.75$ (+8.95%)
2). Take Profit: 42.29$ (+10.73%)
3). Take Profit: 49.90$ (+30.52%)
Stop Loss: 37.20$(-2.69%)
4 Hour-Chart(Longer timeframe):
Daily-Chart:
What do you think? Share your idea and enjoy our opinion.
REMOVE YOUR BIAS!
Thanks,
Disziplinierter_Trader
Side wise movement - Target 42.30Short side wise movement started - Target 42.30 become move back in channel
NET 45$Current Price: 39.9$
Price Target: 45.58$
% Increase: 14.8%
Timeframe: 2-3 weeks
Confidence level: Very high
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NET - 16.90% Potential Profit - Uptrend Corridor BounceSupport bounce in an Uptrend Corridor.
It might be a short-term trade (potentially intraday), depending on price action.
- 5-month uptrend
- RSI and STOCH well above 50 on the 5min
- MACD well above Signal on the 5min
Suggested Entry $39.14
Suggested Stop Loss $37.48
Target price $46.58
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
EDIT: Changed Entry / Stop Losses
NET Long opportunityWe can see a bounce off strong trendline support and the 50 EMA. The stock wasn't affected much by the covid-19 and is still on the go to higher highs.
Short term long and a good long term investment in my opinion.
Best of luck to all!
Cloudflare buy zone and target after earningsCloudflare earnings
1. Revenue growth: +48% yoy
Margins: 75,8%
EPS: -0.3 vs estsimates -0.6, 100% surprise
2. Annual Client Net Retention: 115%
3. Cash on balance sheet: 2,74 years
4. Spending efficiency (growth to cash spend): 0,87x
Source: cloudflare.net 2/3 $NET.
Trend continues w CAGR of 50% and high margins. Company delivering on both soft and hard fronts.
Cloudflare Workers up 440%. CEO M. Prince describes how savvy Amazon Web Services customers move to Cloudflares services.
Short term target: 50 USD
GRIT Score anlyses for Q2: 5,24 to 7,77* . (Growth + Retention + In the bank + Targeted Spend ). Where 3-4 is good, 4-6 is better and >6 is best.
*I usually use total cost here vs cost of revenue. The latter of course gives a higher Grit score.
