alxiv

$NET on a beautiful upward trend

Long
NYSE:NET   Cloudflare, Inc.
Since Q1'21 earnings, $NET has been ripping upwards, climbing steadily along the trendline and staying above the 30-day MA. Chaikin money flow indicating heavy buying pressure starting as of late May.

Last week I observed a rising wedge forming in the chart:

I'll be Looking to accumulate during the dips as the price breaks out of that wedge and bounces off the trendline.

Thanks for stopping by, have a nice day. :)
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