$NET: Potential Failure at 60NYSE:NET has seen a vicious break through 60 and growth tech in general is having it's struggles. I suspect there may be further to fall here following this dip.
NET trade ideas
NET Short Term BearishNET is looking like a short opportunity. Firm support at 41.52 is the obvious long entry. Unless this pattern is broken and retested to the upside I am not touching this name.
PS- Not Financial advice. Do your own due diligence.
$NET Do or Die HereI am long NYSE:NET with a half-sized position. I am anticipating a move above both the horizontal area of resistance and the downward sloping trendline. Looks to me to be a do or die here. The most positive thing on the chart IMO is the move over the upward sloping 40 Week MA. That will also serve as my stop area. See chart for thought process.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NET IS IN STAGE TWO BEFORE PROCEED FOR NEXT BULLISH STAGEBismillahirrahmanirrahiim
I am waiting long enough to wait the setup for NET to appeared. If the odd on us, so i am targeting up to R4
1. Intact Uptrend on W1
2. Retrace and test Lower BB and RBS
3. Divergence on W1
4. Significant volume
5. Candlestick Compression signal appeared
lets goooo. In shaa ALLAH
Cloudflare's (NET:NYSE) Resilient PerformanceCloudflare's Resilient Performance: Overcoming Sales Execution Challenges
Addressing Past Issues
Cloudflare's management has demonstrated their ability to overcome the sales execution challenges that were evident in the previous quarter. This adaptability reflects the company's commitment to continuous improvement and its capacity to navigate dynamic market conditions effectively.
Strong Revenue Growth and Retention Dynamics
In the most recent quarter, Cloudflare showcased commendable performance, achieving a noteworthy 32% year-over-year growth in revenue. This growth underlines the company's capacity to capture market demand and capitalize on its innovative solutions to enhance its customer base.
However, it's worth noting that Cloudflare experienced a decline in its dollar-based net retention rate. While this presents an area to monitor closely, it's important to acknowledge that growth companies often experience fluctuations in retention rates due to various factors, including expansion efforts and evolving customer needs.
Robust Financial Position
Cloudflare boasts a net cash balance sheet and a positive cash flow generation trend. This financial strength adds to its stability and underscores the company's prudent financial management practices. This solid financial foundation provides Cloudflare with the flexibility to invest in its growth initiatives, innovation, and technological advancements.
Prospects for Sustained Growth
With its dedication to enhancing internet speed and security, Cloudflare is positioned to maintain an impressive trajectory of growth. The company's strategic role in powering a faster and safer internet ecosystem aligns with the increasing demand for enhanced online experiences and cybersecurity measures.
Projected 30% Revenue Growth
Based on its current trajectory and market positioning, Cloudflare is forecasted to achieve sustained revenue growth of around 30% in the coming years. This projection speaks to the company's market relevance and its ability to deliver value to its customers and stakeholders.
Conclusion
Cloudflare's recent performance and strategic positioning highlight its resilience in overcoming challenges and its ability to drive consistent revenue growth. While acknowledging the retention rate dip, the company's strong financial footing and its role in fortifying the internet's infrastructure position Cloudflare as a promising player in the technology landscape, poised to contribute significantly to the digital evolution.
This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
easy scalp idea for the short termi dont like that this company has a high shareholder compensation and diluting its shareholders however in terms of finding a stock at a low price and selling it for higher. in my opinion here is a fine candidate for atleast a good 10-15% return in the short term depending how long you want to hold this stock. However time and time again this hold its support level around the mid 60s and looking at the 2h/4h chart you can signs of a reversal and I expect an uptrend in the short term. This can easily ride up with good momentum and price action in the low 70s from where it is now. if it were to drop 10% in the next two weeks id look to short depending on the holders view on this company.
An indirect opportunity to benefit from the Hype around ChatGPT!In 2022, Cloudflare and OpenAI announced a partnership to integrate Cloudflare's CDN and security services with OpenAI's ChatGPT conversational AI platform. ChatGPT is a powerful tool that can be used for a variety of purposes, including customer service, marketing, and education. By integrating with Cloudflare, ChatGPT can be made more reliable and secure, and it can also be accessed from a wider range of locations.
This partnership is a significant development for both Cloudflare and OpenAI. For Cloudflare, it provides an opportunity to expand its reach into the AI market. OpenAI provides a way to make ChatGPT more accessible and reliable.
A fundamental analysis of Cloudflare suggests that the company is well-positioned to benefit from this partnership. Cloudflare has a strong track record of growth, and its CDN and security services are well-regarded by customers. The partnership with OpenAI could provide a significant boost to Cloudflare's growth in the coming years.
Some of the key benefits of the Cloudflare-OpenAI partnership include:
Increased reliability and security for ChatGPT
A wider range of locations from which ChatGPT can be accessed
Potential for new applications for ChatGPT
Increased growth opportunities for Cloudflare
Overall, the Cloudflare-OpenAI partnership is a significant development that has the potential to benefit both companies. It is worth considering Cloudflare as a potential investment if you are interested in the AI market.
$NET | Bull Flag + Structure Retest: Further Upside Expected NYSE:NET is forming a daily bull flag after retesting a broken triangle accumulation.
Expecting further upside
Initial Target $100
NET - Horizontal Trend Channel🔹Rectangle formation between support at 40.60 and resistance at 68.20.
🔹Support 52 and next resistance 130.
🔹Technically NEUTRAL for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
Long NETLong Net, tight stops. Good consolidation and weekly looks primed....back above diagonal. Essentially a big triple bottom with some room to run. MACD very wound up....worth a punt.
$NET On FireNYSE: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, NYSE: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.
$NET Analysis, Key Levels & TargetsNYSE:NET Analysis, Key Levels & Targets
Request analysis for @f7rt7fmhzz
NET is at a very interesting resistance level at 68.83… I would watch this level closely… A break above that would be an early buy signal (on the BIG timeframes) and then I’d be looking for some follow through (volume, and if it does pull back I’d be wanting to see that it holds above the Daily 200MA for a long term hold… (currently 54.73)
Support on the Daily timeframe needs to hold 59.21
Overall it looks like it has had a solid correction and it still doesn’t have all of the buy signals but might be a good place for accumulation… and it looks like it could be heading into clearer chart territory by the end of the year….
And MacD on the weekly is looking like it’s trying to break up into the long side…. Keep an eye on that too…
We definitely could see lower, and in this market you just don't know, but this does appear to be a good entry, especially if you're thinking of long term...
I’ll set some alerts and do a little more research on this company… 💃🏻 hope this helps…
Cloudflare (NET): In low risk / high reward territory (buy) Cloudflare has strong fundamentals and was recently oversold to nearly the lower 200 day 2nd standard deviation.
A reversion to the 200 day mean yields 30% (my estimate: over the next 1-2 months).
A visit to the all-time-high would be 420% (my estimate: over the next 2 years).
A recession may force it lower, however.
$NET - Triangle break out watchNYSE:NET #Cloudflare is one of AI beneficiaries. Currently up against the upper trend line resistance. RSI is nearing over bought. Upside targets - $77, $100. Down side risk - $55 - $51
NET , TP 54.65, SHORT TF = H1On the hourly chart, the trend started on May 19 (linear regression channel).
There is a high probability of profit. Possible take profit level is 54.65
But do not forget about SL = 60.23
Good luck!
Regards, WeBelieveInTrading
NET SHORTStay tuned to see how Cloudflare's revenue continues to grow in a predictable fashion! We're confident that the company has a compelling value proposition and will soon become profitable. It's an exciting time for investors who are willing to take on their own risk.
#Cloudflare NYSE:NET
Technical Analysis Of Cloudflare Inc (NET)As Cloudflare Inc is in last leg of selling. My advice would be accumulate at this levels for the short term and as well as long term. My Strategy would be invest in the time horizon for 4-5 Years.
NET back to trendlinesNET is just one of those stocks, when it wants to move, it can move quick. Has already retraced to the previous breakout and is at the daily 50, and multiple ascending trendlines.
no trigger no trade 💯NET above trend resistance/66.5 long scalps can work, above 83 and we can see bigger rally to 100-200+
Boost and follow for more! 💛
Decision zoneThis is in quite the tight spot. At the daily 200MA, descending trend line right above. Price is wedged right between a point where it could really bounce quickly for a nice move or it fades lower.
$NET | Cloudflare Finds Buyers at $40 LevelCloudflare has held firmly above the $40 demand zone.
If price can hold above $37 I expect upside to at least $50.
Invalidation below 37
