News Summary: Cloudflare ($NET) is expected to have a strong trading day following the success of Fastly ($FSLY) yesterday. Amazon ($AMZN) is providing positive momentum for the technology sector, benefiting stocks like Cloudflare ($NET), Datadog ($DDOG), Snowflake ($SNOW), and MongoDB ($MDB). Technical analysis suggests that Cloudflare ($NET) is showing a short-term sell signal, but it is expected to rebound and reach new morning highs. The stock surged to $71.94 on earnings trades but is currently at $71.69, with support at $70 and key resistance at $72. Some reordering of top holdings has occurred, with Cloudflare ($NET) now ranking second and Datadog ($DDOG) ranking fourth. Retail shorts on Cloudflare ($NET) are expected to panic at the market open. Despite some concerns about the stock's trend, it is considered a great long-term investment. One investor is particularly pleased with their $50k gain on Cloudflare ($NET). Palo Alto Networks ($PANW) also had a positive impact on Cloudflare ($NET), and investors are considering buying the S&P 500 ETF ($SPY).

NET stock price is 57.75. NET 52 Week low is 37.37. NET 52 Week high is 76.07. NET 200 day moving average is 58.38. It is currently trading below 200 day moving average. NET 50 day moving average is 64.04 which is above(bearish) the current price. RSI (relative strength index) of NET is 38.165 which is below (bearish) 70. Chaikin money flow (20 day) of NET is -0.043 which is below (bearish) 0.