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adamkhoosk
Sep 4, 2023 7:51 AM

CLOUDPT post-IPO Movement Long

CLOUDPOINT TECHNOLOGY BERHADMYX

Description

CLOUDPT developing good price/volume movement after 98 days from IPO.

Volume increase when price hike and volume decrease when price correction. (wash out)

Let's see if i am right. Awaiting solid breakout and stand firm above 0.625.

Disclaimer:
For educational purpose only, not buy/sell recommendation. Trade at your own list.

Comment

Price reach 0.620 again after more than 10 days of wash out action since 4th Sep.
Let's see if price can breakout 0.620 solid this time.

Comment

Will today breakout sustain? Foresee 0.640 support will be tested to build momentum for another rally.

Comment

Seem like breakout is firm. 0.640 will be crucial support. Next is let's see how the big shark want to play.

1. Pull back to wash contra player. T+3
2. Continue momentum and push the price up.
3. Major wash out to wash out even more retailer.

Let's see.

Comment

Shark play number 3, major wash out. My entry point around 0.605 which allow me to hold for this shake off.

Price back to 0.625. Need to build back momentum.
Comments
Vin_Fx
any update on this ?
adamkhoosk
@Vin_Fx, updated.
Vin_Fx
@adamkhoosk, Thanks Bro for your analysis. Been following you quite a while. Thanks fr your insight. Hope more analysis for other counter as well. Thanks
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