Cloudflare, Inc.
Long
Aggiornato

$NET On Fire

343
NET is my biggest holding right now. I bought a starter just 3 trading days ago @ $62.90 and have added both yesterday and today for an average price of $65.59. As you can see on the volume bars below, there has been more buying than selling since earnings. I think any new entries or additions for me, need to see some consolidation. I am also a little wary of a potential double topping pattern. Overall, NET has added about 76% from its most recent low. A large run indeed.
See my notes and additional thoughts on the chart. Ideas, not investing / trading advice.

Thanks for looking. Constructive comments welcome.
Trade chiuso manualmente
I closed this trade out on Friday 6/2 and took what the market gave me. I ended up with a 6% gain. I waited to end of day on Friday to see if would close in it's upper range, it did not. This stock has come a long way fast off the bottom (about 75%). I do not think it's run is over but a pullback from here is likely. NET is in my top 10 trading list. I'll update if / when I do more with it. Thanks for looking.
Trade attivo
I just re-opened this trade on a reversal. Only a 1/4 size position at this point. Entry 63.49 Stop under today's low. Please do not follow my trade unless it fits "your" trading plan.

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