Within the software index (IGV), Cloudflare is the strongest name and has been on the rise despite the software drawdown.
There is one more major leg up pending for Cloudflare to reach 300 levels before it starts correcting back to 170$ mark.
Stay long for a few weeks and check for topping signals towards 300.
There is one more major leg up pending for Cloudflare to reach 300 levels before it starts correcting back to 170$ mark.
Stay long for a few weeks and check for topping signals towards 300.
Trade active
We have reached the retracement zone, the prices should turn up from here.Note
Reacted from our buy zone.Trade closed: target reached
We identified the correct retracement zone so closing this. We still have some upside left here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.