Cloudflare, Inc.
Updated

NET eyes on $130: High Support after Earnings bump and retrace

165
NET got a nice boost after last earnings report.
The retrace is now at first support $130.38-130.73
IF that fails then we might drop to $122.34-124.07

Trade active
Houston: We have IGNITION
snapshot
(yellow shaded area is from posting time)

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Closer look with notes:
snapshot
Launched EXACTLY off our zone!
Booked 14% profit on half of the position.

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What next?
snapshot
Next target will be the Golden Covid at $166.33
Expecting a dip first, so Stop Loss at Break Even.

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Trade closed: target reached
BOOM! Extended target hit
snapshot
(yellow shaded area is from posting time).
Blue price range is from last Update for target.
Have closed another 25% of the position.

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Trailing a stop on the remained 25% of position.
But consider this trade idea completed and closed.
Another PERFECT entry ending in a PERFECT exit.

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Now to look for next opportunity presented by FIbs.

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