The Long Investor
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$NET - RC -
🕑 Added 2025-04-28 11:30:46 +0000 UTC$NET has given a 3 wave pull back after Wave 5 went parabolic in Jan - Feb.
Price pulled back to the 0.618 Fib exactly, which originated from the bottom blue line at $37 which was the low in 2023.
Price has already bounced in 3 waves form $90 to $121 now but we need to see 5 waves to confirm the start of an impulse wave.
The 50 Day MA is at the 0.38 Fib at $123, holding above this level will mean the trend is bullish to the upside.
$NET has also not been following the market and has not made a new ATH since 2021, this is a good sign.
Comments
Matt
you are welcome Crewz
DC
What's the story with Cloudflare?
ExpertDude
YAY! Thanks Cap!!
