$NET - WATCHLIST - RC -
Added 2024-10-09 12:33:37 +0000 UTCSome consolidation sideways now for this potential Wave 2, price is holding above the 0.618 Fib and 0.5 Fibs and making higher lows but also making lower highs, so this is a triangle consolidating.....which usually tells us that the market needs more information to make a decision on which way this should go next....earnings report usually provides this info
So a solid beat here on earnings and this could break out above the 200 Day MA at the top yellow line at $85 and we could be into Wave 3, at the 1.618 Fib target at $110
Worth a watch over the next few weeks.
Comments
How do you look at holding stocks into earnings? These binary events shouldn't be considered into account when looking at targets? Thank you.
Arthur
2024-11-06 19:38:24 +0000 UTC๐
WallyN ๐ท๐ด
2024-10-10 16:45:10 +0000 UTCIt's great to see a chart on $NET. This is a company I like a lot and have done extensive research on. In the long term, I think this will be a $200+ company as Cyber/Internet security continues to grow.
NR15
2024-10-09 13:25:04 +0000 UTC
