Rising Creator$CloudFlare(NET.US) NET is really tough. After the sharp drop in May due to earnings and the high-risk kernel vulnerability, it hit a low of 184.53. I planned to enter at 180, but was front-run by the market makers, missing out by just $5. Then it skyrocketed and never looked back below 200.
Have to admit, Cloudflare's pullbacks are fierce too. A disclosed vulnerability causes a straight-line plunge, making it impossible to chase highs. Violent sell-offs are the real opportunity. Let's see how the August 6th earnings report performs.
Two earnings reports caused big drops:
$CloudFlare(NET.US) -16%
$Coreweave(CRWV.US) -9%
How many people got trapped again with Cloudflare at 220-258 / CRWV at 120-138?
After a big earnings drop, observe for 3-6 days. Don't enter for NET unless it falls back below 180, and don't enter for CRWV unless it falls back below 80. If you can catch it, fine; if not, forget it. I don't care if it flies to the sky~
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