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Wajeeh Khan

Cloudflare Stock Breaks 100-Day Moving Average Amid Widespread Internet Outage. Should You Buy the Dip?

Cloudflare NET Cloud Internet Cowen

Cloudflare (NET) shares opened in the red on Tuesday, Nov. 18 as the internet services company suffered a global outage that triggered partial or complete downtime across services, including ChatGPT and PayPal (PYPL). 

The selloff pushed NET stock decisively below its 100-day moving average (MA), a key support that, when breached, signals accelerated downward momentum ahead. 

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