NET eyes on $130: High Support after Earnings bump and retrace

12 May

NET got a nice boost after last earnings report.
The retrace is now at first support $130.38-130.73
IF that fails then we might drop to $122.34-124.07

15 May

İşlem aktif

Houston: We have IGNITION

(yellow shaded area is from posting time)

.

Closer look with notes:

Launched EXACTLY off our zone!
Booked 14% profit on half of the position.

.

What next?

Next target will be the Golden Covid at $166.33
Expecting a dip first, so Stop Loss at Break Even.

=================================================

.

2 Haz

İşlem kapandı: hedefe ulaştı

BOOM! Extended target hit

(yellow shaded area is from posting time).
Blue price range is from last Update for target.
Have closed another 25% of the position.

.

Trailing a stop on the remained 25% of position.
But consider this trade idea completed and closed.
Another PERFECT entry ending in a PERFECT exit.

.

Now to look for next opportunity presented by FIbs.

=================================================

.