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.
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这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
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.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。