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CLOUDFLARE, INCCLOUDFLARE, INCCLOUDFLARE, INC

CLOUDFLARE, INC

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NET trade ideas

Cloudflare buy zone and target after earningsCloudflare earnings 1. Revenue growth: +48% yoy Margins: 75,8% EPS: -0.3 vs estsimates -0.6, 100% surprise 2. Annual Client Net Retention: 115% 3. Cash on balance sheet: 2,74 years 4. Spending efficiency (growth to cash spend): 0,87x Source: cloudflare.net 2/3 $NET. Trend continues w CAGR of 50% and high margins. Company delivering on both soft and hard fronts. Cloudflare Workers up 440%. CEO M. Prince describes how savvy Amazon Web Services customers move to Cloudflares services. Short term target: 50 USD GRIT Score anlyses for Q2: 5,24 to 7,77* . (Growth + Retention + In the bank + Targeted Spend ). Where 3-4 is good, 4-6 is better and >6 is best. *I usually use total cost here vs cost of revenue. The latter of course gives a higher Grit score.
NYSE:NETLong
by kulturdesken
14
NETa quarterly gainer, rising +64%. Expect Uptrend continuationCloudflare Inc - Ordinary Shares - (NET, $38.7) was one of top quarterly gainers, jumping +64.26% to $38.7 per share. Tickeron A.I.dvisor analyzed 118 stocks in the Information Technology Services Industry over the last three months, and discovered that 96 of them (81.4%) charted an Uptrend while 22 of them (18.6%) trended down. Tickeron A.I.dvisor found 43 similar cases when NET's price jumped over 15% within three months. Tickeron AI shows that in 43 out of those 43 cases, NET's price went up during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend continuation for NET are 90%. Current price $41.12 is above $38.35 the highest resistance line found by Tickeron A.I. Throughout the month of 06/25/20 - 07/28/20, the price experienced a +9% Uptrend. During the week of 07/21/20 - 07/28/20, the stock enjoyed a +2% Uptrend growth. The Aroon Indicator entered an Uptrend today. Tickeron AI shows that in 23 of 24 similar cases where NET Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
NYSE:NETLong
by AlTorress
NET - MOMENTUM TRADE SLINGSHOTCLOUDFLARE (NET) met expectations 2 days ago on my previous post and broke out from a Blue Sky Set-Up. It paused yesterday for profit taking and is currently set-up again to continue it's move to hit a round number target. Needham just raised its price target to 38, a mere 3% away from it's current price. NET is a clear beneficiary of the shift to work from home and e-commerce on increased demand for cybersecurity. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. Current set-up is a slingshot which could potentially result to another Bullish Marobozu similar to the breakout candle. Possibilities are: (1) it pauses for another day (today) with low volatility or (2) continue its range expansion and hit 38-40. Pauses can extend to three days with tightening ranges and decreasing volume indicating a healthy profit taking before proceeding to make an explosive move which is otherwise referred to as a Boomer Set-Up. Best approach to prevent early participation if explosive breakout doesn't materialize is to buy at the break of the yesterdays high supported by volume acceleration. This can clearly observed and managed on the 15-minute chart.
NYSE:NETLong
by TradingMavericks
NET : SLINGSHOT TO BOOMER SET UPCLOUDFLARE (NET) met breakout expectation from a Blue Sky set-up and is currently on a pause currently on Slingshot Set-up to potentially continue its range expansion. Needham just raised its price target to 38, a mere 3% away from its current price. NET is clearly a beneficiary to the work from home and e-commerce shift with increasing demand for cybersecurity. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and Internet of Things (IoT) devices. On technical analysis, a Slingshot set-up is a brief healthy profit taking with very little volatility which could result to another range expansion similar to the Bullish Marubozu breakout candle 2 days ago. If the expansion doesn't materialize today, the ranges can get tighter for 2 more days which could be a springboard to the potential expansion (Boomer Set-Up). To avoid opportunity cost, it's best to buy at the break of yesterdays high supported by volume acceleration. Price action is best observed and managed on the 15-min chart for ease of execution. Trade duration is as little a few hours to a day. If position is ahead and does not hit price target, sell half to protect gains and trail stop the balance on the 5-day EMA to minimize weekend risk. As always, risk first and profit second. Be aware of your risk profile and only risk what you can afford to lose.
NYSE:NETLong
by TradingMavericks