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potential cup and HANDLE identify on CLWD
Chart is looking for a pullback as it run from 0.045s to 0.18 this week = overbought!!
Im scaling in around 0.070-72 area for support (around 0618 fib)
this is overall bullish trend!
We are still following uptrend.
some lvl ideas from resistance and support lines. I will hold this stock long.
Cup and Handle pattern forming in the one month chart.
And in the social standards the company itself sees a positive outlook in terms of the next years revenue.
Views are IMO:
CLWD brokeout pennant pattern with strong volume and reached 1.5 fib level.
It may see correction for next few days and then will trend higher to 2.618 level (which is at $0.023)