Nov. 13 at 1:06 AM
$NET: The last close at
$236.21 indicates a strong position above the 30-day moving average (MA30) of
$223.31 and the 50-day moving average (MA50) of
$221.61, suggesting bullish momentum. The RSI at 62.62 indicates that the stock is approaching overbought territory but not yet overextended, allowing for potential upward movement. The 60-day high of
$260.00 presents a key resistance level, while the 60-day low of
$184.52 provides a solid support reference.
Trade Plan:
- Directional Bias: Bullish
- Suggested Entry:
$238.00 (above last close to confirm momentum)
- Stop Loss:
$225.00 (below MA30 for risk management)
- Target 1:
$250.00 (near resistance)
- Target 2:
$260.00 (60D high)
This plan leverages current momentum while managing risk effectively.
https://privateprofiteers.com
