$NET is expected to open now -23% after its earnings report yesterday, it is coming down to $45, leaving a very large gap behind it, analysts have reported today that their PT for $NET have been revised down to $54 now.
The report is being shown as a beat here and earnings increased by 134%, the devil is in the detail of the earning report and something clearly spooked the market.
Up until this report, the structure was leaning towards the green impulse wave but this price action in the PM is bringing this right down to our Wave C target in red.
Ram
2023-04-28 16:26:08 +0000 UTCGareth Neary
2023-04-28 15:15:11 +0000 UTCmakis
2023-04-28 15:04:10 +0000 UTC