$NET Breaks Above Recent Resistance

Apr 13, 2021

I had an alert set on this to see if it could break the recent line of resistance. It has and it's done it with lots of volume. You can see my entry and stop just below that line. I'll add if it holds the 50 day line with conviction. Ideas, not investing / trading advice.

Apr 15, 2021

Note

4/15 I have set an alert at $80.01. If this can get over that and hold I'll be adding more shares.

Apr 15, 2021

Note

4/15 I have also moved my stop to breakeven. This is now a can't lose trade.

Apr 16, 2021

Note

4/16 Sold 1/2 of my existing position as NET pulls back to resistance / Support level. I'm ready to add back if it bounce up or sell if it has a decisive close below that support line. I'm giving this a little more room than break even although I have cut my position so if it fails it will be a small loss.

Apr 20, 2021

Trade closed: stop reached