Saturday, August 8, 2026

NET stock | D chart | Uptrend | Two earnings learning

 NET stock D chart 

My lesson of day trading, revenge trading of losing over $4000 dollars in 6 trades NET stock earnings crash on May 8 2026. 

I like to go over my lessons of revenge trading, since I traded on ARM stock and then I lost over $6000 us dollars on earnings day after the market close. Instead of waiting to get back after the bottom, I moved on quickly almost next day to try to get back on NET stock. It is a revenge trade, and I did not know what trend NET stock is in, and then how much retracement should I wait to buy dip. 

I tried to lose weight, and then skipped the breakfast, and watched the market from 6:30 AM to 11:00 AM, I did not know how much I lost on NET stock in one day, and then I noticed that it is called revenge trading leading a death spiral. 

First it is confidence, and then it is emotion stress, and then it is totally out-of-control. 

Let us review the trades first, and then I went back after 3 months, using a simple one indicator to analyze swing trade using SwingVPro indicator, and then use Fibonacci tracement to analyze 0.764 retracement. 

It is still in uptrend, but Fib retracement in D chart is clearly showing the retracment, Just get back once it is bottomed in 3 days and then catch the uptrend. 

Actually ARM stock I stopped loss at $225 and then ARM stock went up to $400 and then had a retracement. So it is important for me to learn how to read chart of ARM stock and then learn what stage of uptrend of ARM stock it is in. 

May 6 2026 - Earnings of ARM stock - Loss of $5382 US dollars, instead of waiting for the bottom to get back in since it is still in uptrend, but I overtraded, and used the same capital to buy NET stock on May 8 2026, and then traded six times, each time 400 shares, and then lost another over $4000 in one day. 

The reason I did day trading since I did not learn how to read chart and then learn NET and ARM are in uptrend - I learned later on from JeanFx, for example, 


Why most traders stay BROKE forever

https://www.youtube.com/watch?v=3jtKtxBFJbQ&t=2528s

And I learned how to use SwingVPro indicator to study swing trade. 





The following NET 1 hour chart showed that NET stock went up starting from April 10 to May 7 50%, with Fib retracement, then after earning 76% retracement of those 50% gain - in 3 days - touched the bottom and then continued the uptrend 

The following D chart showed that NET stock continued to go down on May 8, 9 and then 10, and then started an uptrend with 50% gain. 

Quick tip - How to find the bottom and get best price to catch a 50% rebound 

  1. Measure the uptrend from April 10 to May 7 
  2. Apply Fib Retracement - Find maximum retracement - 0.764
  3. Try to get in around the area 
  4. Do not do intraday trading - Wait for the bottom signal and then hold for 14 days - 50% gain 
  5. Show the following - using measurement tool of tradingview to measure uptrend
  6. Using tradingview Fib Retracement tool to predict the bottom
It is important to use day chart and also check EMA 20/50/100/200 and EMA 9 and EMA 21, if NET stock is above EMA 200 or EMA 100 or not. 

Also check EMA 200 goes up or down. 




The bottom price of NET stock is around 186/ share, but the following table showed me to choose trade on May 8 - price was 201/ share and then cut loss and took six trades for intraday trading

What I traded on May 8 - Price was too high to trade




Since NEt stock was still in uptrend, so the retracement should not more than 76% of gain from April 10 to May 7, definitely it is best opportunity to buy dip on May 10, or buy May 8 and hold two days until May 10, the bottom is in and then hold for another uptrend. 

Most of important is to read day chart and make sure taht NET stock is still in uptrend and have confidence that it will go up. It is better to trade for a long term trend lasting 10 to 20 days instead of intraday momentum - Learn to read the chart and determine the trend, and do not gamble on intrday up-and-downs. 

Every time I want to buy a dip after crash, I have to determine if the crash is a normal retracement of uptrend, I need to determine the previous upternd swing trade and then measure the retracement in percentage. 

The following chart showed that Fibonacci retracement - 0.236 matched May 13 NET stock earning crashed over 26% in three days.  



The following chart showed D cahrt NET stock went up 50% and then had retracement after earnings. Just learn when it is bottom - or learn how to short NET stock for 26% crashed, and then catch the uptrend again. 

Heiken Ashi Candle chart 

The following chart showed that starting from May 10 the uptrend started, I should not overtrade and then continuously trading other stocks - RBLX - losing more money, and just go back to NET stock and then learn that NET stock will continue the uptrend. 







Net stock earnings crash on May 13 2026 - In total 26% dropped - 76% drop from previous swing uptrend 50% up in 



But NET stock was still in uptrend, after 26% retracement after earnings in May, it went up an uptrend, 13 days, 46% gain  



Then second retracement started, 7 days 21% retracement to VN area, with two bottoms, and then another uptrend 




From the above analysis of NET stock, I learn that it is important for me to trade for long term trend - not inside one day, and also avoid scalping biggest problem, revenge trade, and then cut loss on too many trades, or trade one day with maximum daily loss, maximum loss on a trade. 

I did quick study on hold and wish and hope vs cut loss but revenge trade 

https://juliachencoding.blogspot.com/2026/08/why-holding-technology-stock-with-10-to.html


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