NET - Consolidation - 11/22/20Tight consolidation with potential breakout in either direction for NET
Net
Stocks To Watch This Week Nov 14I went through and created a watchlist for names that have held up well in this choppy environment. Most of these names are at or near all time highs or multi year highs. There are 40 total stocks on this list. Many of these have IPO'd in the last few years and still have a growth story ahead of them. There are also some financial stocks which may be starting to outperform the broader market. Know your time frame and risk tolerance, grab a pencil and paper and jot down the names that look interesting to you and then make the trade your own. Good Luck!
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 !
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 BUY OR LONG , TARGET UP TO $45I spotted a form called " Flag ," which confirmed frame 4h and was on my way to $ 45.
Net buy : $36.80
Net target : $45
Stop loss : 7%
Wish you good deals.
$NET Bullish Sign Breakout$NET has a nice breakout. TP will be range from $45 to $50 area in couple weeks. It will be about 20 to 25% gain.
RSI is indicating little over bought, but the MACD is looking bullish. It might pull back little and test the breakout price $38.50 in short term.
NET keeps climbing, NEXT TARGET U$36NYSE:NET is in a perfect ascending channel since the lowest low following the crash market due to the Covid-19.
Next Target: $36
Do you have a different opinion? Share it in the comments
Like if you find it useful
CloudFlare $NET "brekout"It broke out yesterday with huge volume. It is worth to watch.
12 months Consensus Price Target: $25.69
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Pattern still expecting a $35 Net TargetFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, for the CloudFlare target, I am sitll expecting an imminent threshold crossing of $35. Given that the market is expected to have some negative potential tomorrow and the Dow drop today though, I would wait a few days probably for a higher profit ratio turnover as a short.
NET's Continued Rally: Actual $35 Short PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into some key points. CloudFlare looks like it is having a positive rally, and the current bullish run seems to be a better retracement from its last, I expect a $35 price target quite soon, and perhaps I will be right again on CloudFlare as I was previously. I was bullish previously, and we all know what I expect once it passes the $35 threshold.
CloudFlare went up 7.15%+ in one day!First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. For Cloudflare I did an entry yesterday at 27.89, and then a sale at $30.15, in paper trading. It looks like it is having some really nice long potential, and I think it may even have some small dips here and then. The next threshold is crossing the $35 price for resistance. Than it has a long potential of a $45 to $50 price target.
Cloudflare $NETCloudflare CFO sold 15.000 shares of the stock. $25.02 is a critical resistance but rsi is stil weak.
Next bitcoin move downOn the monthly chart, BTCUSD broke below upward channel.
Alternatively, it entered into sideways channel with lower boundary in 2000K 'sh.
Tron (TRX) Cup and Handle Formation, main net launch in >2 hours
Possible Cup and Handle Formation for TRX/BTC & TRX/ETH to go bullish.
There has been a sell-off before the main net launch today, possible bull market after cup and handle forms fully and the main net is launched. And for bonus POSSIBLE partner announcements including Alibaba.
