Possible resistance/consolidation around $310 before a rally up to $325
4th Elliot Wave Retracement / Pattern Hold until another move upward
My guess is up. Rounding the corner with the 10 day passing the 50 day and the 10 day will either pass the 200 or will retrace for a triple bottom to delay into the second half of the quarter and be eager into the earnings
Buying indicators are there if there has been accumulation in the 38.2# and 23.6% fibs. Return to 38.2% fib at Sell target $375
Possible NET Breakout 10da MA passes 50day MA for Elliot Wave 3
They need some more time and news before they truly go crazy with their 3d Memory
Buying is staying steady without any large resistance yet. People might not want to give away their position and so are buying in bit by bit. This is likely to go up quickly Approaching Elliot Wave 2 for a small profit taking and pullback before carrying on Breaking through ichi moku cloud is a green light
4th Leg Elliot Wave back to Fib 78.6% Resistance Before a continuation to Elliot Wave 5 Take Profits at $43 and pay attention to short interest. If it drops then stay in. If it increases maybe bounce.
Overextended. Sell into earnings and then buy on earnings
Negative Volume accelerated from possible earnings forecast downgrade. Stay away until accumulation. RSI / Stochastic Top Divergence MACD Crossover to downside.
What about Possible Earnings BLAST? Technical Indicators Stochastic Bottom Divergence buy signal 'W' Bottom on MACD with higher low