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.
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.
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Bình luận:
I've taken some profits at 30% gain, which i've reallocated to my other published ideas for AYX and ENPH that haven't rebounded as fast, yet.
Bình luận:
I've sold out of this position with an average ROI of 45% after just 20 days. I reinvested into SQ, JKS, and FVRR.