8CF trade ideas
NET Daily Inside Bar SetupBullish cypher in consolidation phase may lead NET higher and Inside Bar gives us trading plan. Risk manage always!
NETIt is definitely a promising paper, and at the moment the Triangle pattern is being formed, which is fundamentally the stage of accumulating positions after the previous strong growth. A good moment for a long-term entry into an asset. In the process of growth, the price forms good support levels (shown by turquoise zones), which indicates good termination and interest of traders and investors. The price movement is expected along the lilac arrow and the achievement of the total trade target of $ 100.
NETBroke the 8/21 on the daily. See what happens tmrw. Cloud stocks might get a boost from msft earnings.
NET - Ready to Test the HighsNET - 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
NET Retesting The Bullish TrendlineBounce on these level would mean the uptrend continues, otherwise NET may consolidate for a while before making a bullish move.
congrats to longs! this is a very strong trend channel :)rejected off resistance just like a predicted in the last idea, now look for dip entry here, as long as this middle trendline holds NET should be able to test 90-95 in the next couple weeks. goodluck :)
NET goes down to global support?Some gaps on daily time frame.
This is my first analysis, so I can be wrong
$NET is in the buy zone$NET is between two buyer support areas.
This wants ATHs in the $90 range.
Picking up call options most likely.
Coudflare(NET) trading in a range ?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.
NET for 2021 Share your thoughts?Do I like the product? Yes!!!
Do I like the stock price now? Hope can get any cheaper... :)
Uptrend channel? Yes!!! Support level.
It could be dangerous. We never now.
Share your thoughts here?
Just bought it at $77 this morning....
Spidey instincts Be DamnedI was out. But she's running. No doubt.
Just stay in touch with reversals.
$NETEntry price : 72.43
Fundamentals :
- Sector: Software
- EPS % Chg (Last Qtr): 67%
- 3 Year EPS Growth Rate: 0%
- EPS Est % Chg (Current Yr): 0%
- Sales % Chg (Last Qtr): 54%
- 3-Year Sales Growth Rate: 47%
- Annual Pre -Tax Margin: -27.7%
NET Day trade Swing tradeShort term (yesterday) NET dropped 8.8%. EOY/BOY flows should boost NET to mid 80's even with insiders selling with both hands. Short dated - deep ITM calls intraday today and maybe hold runners for a swing is my plan. Flat by Thurs most likely.
Breakdown to initial trend?Hi traders, this is my take on NET , I have no knowledge about fundamentals on this one, at all...
Always do your own DD.
I believe we're a the verge of falling out of a ascending triangle near a fib. extension top, so I'd be very careful around this level, as I see it going down to a more moderate trend.
Hope this can help whether to set up a play on this one or not.
Have a good day.
