After a nice increase in price we had a doji at the top of the trend. On Friday Net closed below the low of the Doji which is signally a short signal. Right now looking for Net to break below 101.39. If it does break below, look for a psychological support at 100.00. Below that we have a support at 98.75. And if it breaks below there its got room to go to 95.77.
If the market is pulling back this week, Net is something worth keeping a very close eye on for puts.
If the market is pulling back this week, Net is something worth keeping a very close eye on for puts.