Cloudflare NYSE:NET - Will it swing into a 150%-200% move? Cloudflare has a long way to run if it gets back to the all-time high. Price it trading above the EMAs even though we are in a pullback. If it pulls back into the EMAs, it could swing into a 150% - 200% move back to the all-time high. Cyber security will always be a concern. If Cloudflare can...
NYSE:NET has been a beast since bottoming. It looks like it's bullflagging (orange channel) currently in a strong uptrend (teal channel). Watching for the bull flag to breakout and then the trendline from ATH in purple.
Target 1: 111
Target 2: 120
Target 2: 131
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...
NYSE:NET I traded Cloudflare on the ER day. Since then, the stock has been consolidating between $92 and $101. It might be ready for the next leg up to $122.👀
NET on the 15-minute chart demonstrates the swing-long trades of this past week. 5-6 entries
and 3-4 exits- accumulating a few shares at a time and closing only one at a time to gradually
average up. The setup is explained in the chart textboxes. Using TV indicators for line crossing
alerts to minimize the effort of time. Trade is still open and following the...
Cloudflare Inc. (NYSE: NYSE:NET ) has recently announced its first-quarter revenue and profit forecasts, surpassing market estimates. The company's optimistic outlook is fueled by the growing demand for its cloud and content delivery services, reflecting a broader trend of enterprises accelerating their digital transformations. Let's delve into Cloudflare's...
Beautifully set and nestled above 12s and 21s here on weekly having consolidated along first quarter since early Dec, looking ready for move higher. Bbands suggesting expansion soon, and breakout if above 90.
NYSE:NET Cloudflare stock is forming a pennant pattern going into the earnings today.
It is an interesting earnings report play for a breakout. If the earnings report is bad, the stock could drop to $71. So be aware of the risk.
Upside Targets:
$95
$105
$115
Downside risk:
$71
NET has earnings coming up, but showed an entry signal today with the Pocket Pivot moving up and through the 10 and 20 dmsa. Thus far it is making higher lows as this is the first constructive base after breaking into the Stage 2 uptrend two months ago. Could enter here risking the most recent low. Risky with earnings coming up soon.
In the chart of Cloudflare, the last high should have set the top of the orange-colored wave b, which we count as a sub-wave of the larger (ii) in blue. Accordingly, we expect another setback to below the support at $75.50, where the reversal should finally be initiated in the blue Target Zone (coordinates: $67.96 - $57.11). Prices within this range can be used to...
Cloudflare develops software for firewall, routing, traffic optimization, load balancing, and other network services
IS ranked #1 in its industry by IDB and has a IBD relative strength rating of 94.
research.investors.com
NYSE:NET is looking very good, it just gapped up after a flag patter and is on its way to new highs
A close above $87.75 would be my...
Cloudflare, Inc. is an American company that provides content delivery network services, cloud cybersecurity, DDoS mitigation, and ICANN-accredited domain registration services. Cloudflare's headquarters are in San Francisco, California.
Continuation buy/long.
According to the graph we have a bearish to bullish situation, with clear lows rising, a last resistance line broke and returned to check support, after you change direction and start to rise, the next resistance level is at 122.8 with a profit of 60%.
Neither recommendation nor financial advice.
