I have been looking to take a position in 
NET after earnings. I have waited for a pullback which has happened. On Wed, Thurs, and Fri of last week it formed a Morning Star Reversal pattern. So, I have put on a half size position pre-market. My risk reward is exceptionally good here as my stop can be just below the previous low or a close under the rising 50 DMA. I managed to get a fill at $200.00.
Citigroup has also raised the PT to $255.
If you like this idea, please make sure it fits your trading plan. Remember, it is your money at risk.
NET after earnings. I have waited for a pullback which has happened. On Wed, Thurs, and Fri of last week it formed a Morning Star Reversal pattern. So, I have put on a half size position pre-market. My risk reward is exceptionally good here as my stop can be just below the previous low or a close under the rising 50 DMA. I managed to get a fill at $200.00.Citigroup has also raised the PT to $255.
If you like this idea, please make sure it fits your trading plan. Remember, it is your money at risk.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.
Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.