gamer456148

Can $NET Go to the Moon?

Panjang
NYSE:NET   Cloudflare, Inc.
First off, please don't take anything I say seriously, as always this is on opinion basis and not meant to be taken as financial advise. That being said, let us get into a few key insights. If you look at past fibonacci retracements, even an negative correlations, price fluctuations seemed stable. Growth year to date seemed mostly positive, even considering their March hit (given the time period, we are in). Even with risk of a negative earnings call (which I don't think will happen), a $25 price target is fairly conservative. I am personally hoping for it to pass a $30 price threshold. I think it does have potential to be a decent long hold stock as well, but only time will tell. I think it is one of those stocks definitely worth keeping in your portfolio.

Penafian

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