$NET - WATCHLIST -
Added 2024-11-08 12:27:32 +0000 UTC$NET is down -7% in the PM after reporting a double beat on earnings yesterday after the close.
They have made a net loss but this is slightly improving....I suspect the market wanted to see a better improvement or possibly anticipated they would would be net positive and this expectations fell short.
Either way, $NET is still above its breakout level and we may see a test of the wedge at $86 next....the 200 Day MA is also moving up to this level too and we can see that the 50 Day MA is there too and will likely make a golden cross today too.
So a hold at $86 and $NET can bounce from this point.
Comments
True... ๐ค
Arthur
2024-11-08 12:44:17 +0000 UTCNotice, how you donโt see charts on memestocks here? Guess the reason ๐
sahilpreet Singh
2024-11-08 12:43:44 +0000 UTCDuring technical analysis on chart, do you take in account fundamentals of the company? Or it's irrelevant to the chart analysis? Thanks.
Arthur
2024-11-08 12:31:01 +0000 UTC
