just4tradin

NET - And another Cup & Handle

Long
just4tradin Mis à jour   
NYSE:NET   Cloudflare, Inc.
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 loss 75

For now let's target conservatively.

Target #1 110
Target #2 130
Transaction en cours:
Almost there, Earnings and a strong move up

Transaction en cours:
Booked most of my short term profits. will reload once it's settles down

Trade fermée: cible de profit atteinte
Transaction en cours:
Moving on the next target. We can consider the gap is filled

Target #2 130

Commentaire:
NET inching up slowly. The sector isn't strong now. CROWD earnings pop faded quick. Let's see what it does.
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