CLOUDPT post-IPO Movement
Updated
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.
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.
Note
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.
Note
Will today breakout sustain? Foresee 0.640 support will be tested to build momentum for another rally.Note
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.
Note
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.
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