Very good opportunity to buy CLDR because:
1. Hitting the support
2. On a weekly time frame we can see a doji candle ( sign of changing the trend)
3. Hitting the bottom of the bull channel (in the uptrend always be on the buyers side never go short)
4. On the Daily chart we can see the MACD curving up with the histogram.
5. The SMI is in a green side (we can...
With major U.S. stock indexes (S&P, Nasdaq and Russell) unable to hold off their all time high and closing slightly lower for Wednesday session, $CLDR recovered from its intraday losses and closed with a Bullish Reversal Hammer candlestick pattern. The total cumulative gain since $CLDR was highlighted on 22nd December 2020 stood at a gain of +42.85%.
$CLDR...
During the previous week where U.S. stock indexes suffered their biggest correction since late October 2020, $CLDR defied the market frailty via a structurally sound breakout of its Symmetrical Triangle chart pattern with substantial follow through of rally for the subsequent days. The total cumulative gain since $CLDR was highlighted on 22nd December 2020 stood...
Entry. $12.32
S/L $11.70
TP $14.28
12 months Consensus Price Target: $11.85
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Please don't trade according to the ideas, rely on your own knowledge.
Thx
there are almost no info/analysis/chart about CLDR (Cloudera), IPO was at the end of april
I track an hourly chart (so I have something to work on it)
Then I switched to the daily chart >
the green and red double arrow are a couple of gaps (you can see in hour chart)
the second one / the last one is still "open"
the area of gaps is almost a double testing area...
