NetscapeShort

NetscapeShort

Shhhhwwwwwing may have missed most of the upside on this run but there is still some left. Strong positive volume days. It's on. Target 14.50 or so at risk/reward of 2.5

NetscapeShort

Long volatile wedge since June, no traction. Every up day followed by strong volume down. Higher lows, but failed to get near ATH in rallies. Fell out of the wedge, no volume support below. Bear case: Margins healthy but Bezos is gone, uncertain direction. Competitors building, regulator risk. Market is skeptical of 5-10y continued earnings Current long term...

NetscapeShort

Looks to be trying to get back the ATH of 290, but with volume peaks just at the beginning of each dip, due to profit taking. But volume reducing overall. With another earnings miss, could easily run out of steam before breaking down to 220s or below. Volume profile is monthly -- Pretty new to charting, just trying to apply textbook patterns to live data. Any...