Cloudflare Inc. shares ( NYSE:NET ) fell by 18.35% after the company's second-quarter revenue projections fell short of analysts' expectations. The company estimated revenue to be between $393.5 million and $394.5 million in the second quarter, with the midpoint missing analysts' estimates of $394.5 million. This has raised concerns about the company's ability to...
Cloudflare NYSE:NET - Will it swing into a 150%-200% move? Cloudflare has a long way to run if it gets back to the all-time high. Price it trading above the EMAs even though we are in a pullback. If it pulls back into the EMAs, it could swing into a 150% - 200% move back to the all-time high. Cyber security will always be a concern. If Cloudflare can...
NET formed a beautiful Cup & Handle and breaking out of it. 54 would have been optimal entry but not too late. This has 2x - 3x potential from here. Too many confluences here - 1. Based over 75 and forming a Bull Flag on weekly timeframe. 2. Bouncing on 200 Week EMA 3. Over the 2021 ATH VWAP & IPO VWAP 4. The mighty 3rd wave in-progress Long here with stop...
Cloudflare Inc. (NYSE: NYSE:NET ) has recently announced its first-quarter revenue and profit forecasts, surpassing market estimates. The company's optimistic outlook is fueled by the growing demand for its cloud and content delivery services, reflecting a broader trend of enterprises accelerating their digital transformations. Let's delve into Cloudflare's...
In the chart of Cloudflare, the last high should have set the top of the orange-colored wave b, which we count as a sub-wave of the larger (ii) in blue. Accordingly, we expect another setback to below the support at $75.50, where the reversal should finally be initiated in the blue Target Zone (coordinates: $67.96 - $57.11). Prices within this range can be used to...
Cloudflare shares have continued their strong rise over the past few days, overcoming resistance at $72.00. This development was an important step on the upward journey and should generate further upward momentum. The magenta wave (iii) should be continued up to around $92.
From a technical view, NET stock owns a 76.07 buy point from a consolidation. For more aggressive investors, there's a lower 66.24 buy point — the Nov. 7 high. NET stock has cleared resistance in the 66 trading area. A 5% buy zone extends to 69.55. Started in 2009, Cloudflare speeds up and provides security for web applications routed through its intelligent...
Long Net, tight stops. Good consolidation and weekly looks primed....back above diagonal. Essentially a big triple bottom with some room to run. MACD very wound up....worth a punt.
On the hourly chart, the trend started on May 19 (linear regression channel). There is a high probability of profit. Possible take profit level is 54.65 But do not forget about SL = 60.23 Good luck! Regards, WeBelieveInTrading
Stay tuned to see how Cloudflare's revenue continues to grow in a predictable fashion! We're confident that the company has a compelling value proposition and will soon become profitable. It's an exciting time for investors who are willing to take on their own risk. #Cloudflare NYSE:NET
As Cloudflare Inc is in last leg of selling. My advice would be accumulate at this levels for the short term and as well as long term. My Strategy would be invest in the time horizon for 4-5 Years.
There seems to be one more low coming for $NET. Upon a breakdown of the descending triangle and support at $38, we'd likely see a quick move down targeting the low $20 range. Let's see how it plays out over the coming weeks.
Cloudflare - 30d expiry - We look to Sell at 52.98 (stop at 56.11) Our short term bias remains negative. Daily signals are bearish. The medium term focus remains bearish and intraday rallies continue to find sellers. The trend of lower highs is located at 54.00. We look for a temporary move higher. Preferred trade is to sell into rallies. Levels close to...
The bullish divergence is confirmed and there is a high chance for a breakout. Wait for a strong green candle breaking the trend line. TP1: $64.92 (33.2% profit) TP2: $74.98 (53.9% profit) TP3: $80.32 (64.9% profit) SL: $39.86 (18.2% loss)
Buying Cloudflare stock at these levels, and what seems to be an approaching opportunity to buy it at ~$30 is just an incredible discount. Myself and so many other developers around the world love building and deploying on Cloudflare, it's amazingly cost-friendly with a lot of free entry plans to get started at no cost. I am uber bullish on developers in...
Chart analysis is showing that Cloudflare (NET) is trying to form a bottom at an important Fibonacci level. Currently, there is momentum to the downside on the daily chart and a gap to be closed at 46.38. It's therefore likely that with the downward momentum, NET will attempt to close this gap and then quickly rebound up to 59 as it will also try to maintain price...
Cloudfare ( NYSE:NET ) looks weak and ready to fill the gap below and retest support ($80 or below). If it really starts to slip, it may want to go for $70 (dotted blue line). However, caution should be used if this just wants to gap fill and then make a run up to the 200 EMA again. But, in the near-term (with the Federal Reserve meeting and OpEx this week), it...
Looking at the weekly and daily chart. It is creating good bearish flag. I am considering two scenarios here. 1. Triple bottom bounce with in the range in the upper territory 2. Breakdown and start following the pole length. Also, looking at the flow, there is a bearish flow. Will be performing more fundamental analysis on it to understand and predict er