Member Request: One Quick Thought on $NET

A member has requested that I take a look at $NET. I do not have a reliable long-term count for $NET, but since the RSI divergence has broken and the rally since looks quite impulsive, I will apply a zig-zag extension rule here to speculate about a target for this local price action, which I have indicated by the orange box above.

NET


[UPDATE]: The target range has been reached. I will file this under “Successful Calls.” I will need to monitor the price action from here prior to making a new call.

NET


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