Cloudflare, Inc.

Long

NET: Third run up off the second base.

Updated

120 is the target in a month.

Opened 110-112 call debit spread (CDS) expiring 7/9

Trade closed: stop reached

I managed to close it above 111 but anyone who did not should have expired worthless.

Note

finally broke out.

Note

Remember, this kind of price movement is normal. When there is an obvious patterns like this, there always will be attempts to scare bull into a bear-trap situation before the next run.

Market Maven: Never Miss a Move.

Disclaimer: This is not a financial advice and all posts are for educational purposes only.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.