It's just the beginning of the 3rd wave of Elliottcrab harmonic pattern:
AB=0.61 XA
BC~0.88 AB
tp1=1.6 BC=$21.7
tp2=2.6 BC=$55
tp3=1.6 XA=$61
tp3=3.6 BC=$142
CLDR
CLDR - Ready, Set, GO! 🏁-Cloudera Inc. (CLDR) Confirms Deal to Be Acquired by Clayton, Dubilier & Rice and KKR for $5.3B
-The transaction will result in Cloudera becoming a private company and is expected to close in the second half of 2021.
-The Board of Directors of Cloudera (the "Board") has unanimously approved the transaction and recommends that the Cloudera shareholders approve the transaction and adopt the merger agreement. Entities related to Icahn Group, collectively holding approximately 18% of the outstanding shares of Cloudera common stock, have entered into a voting agreement pursuant to which they have agreed, among other things, to vote their shares of Cloudera common stock in favor of the transaction.
-The transaction delivers substantial value to Cloudera shareholders, who will receive $16.00 in cash per share, representing a 24% premium to the closing price as of May 28, 2021 and a 30% premium to the 30-day volume-weighted average share price.
CLDR Possible Double Bottom formingPrice reaching $13.67 - the high of the peak between the two lows either side - will be a confirmation of the double bottom and present a buying opportunity.
However, this pattern is appearing on quite a few NASDAQ charts right now so watch out for over-correlation if you're seeing and then buying lots of the same patterns. Try and avoid stocks that behave in the same way.
$CLDR - Enough sold time to buyThe support line so far hold (black line) even though the steep decline smashed in between price points.
MACD shows it is about switch, RSI has an upside hook showing trend change.
Now I believe MA200 initially will resist, but 2nd time push onwards will break it upwards.
just an idea, not investment advice
CLDR Cloudera 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 find high demand in this zone)
6. The EMA`s 100/ 200 slowly are becoming new supports
On the chart you can se my potential targets indicated with a purple line.
US Stock In Play: $CLDR (Cloudera Inc)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 current price volatility remaining at the range of its September 2020 high, it will be imperative to see $CLDR re-testing its immediate resistance at $18.50 before its upcoming Q4 earnings on 10th March 2021. The next minor resistance for $CLDR is at $20, which would see $CLDR doubling its price from $10 since November 2020.
US Stock In Play: $CLDR (Cloudera Inc)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 at a gain of +29.45%.
With $CLDR current price volatility inching back to its September 2020 high, it will be imperative to see $CLDR re-testing its immediate resistance at $18.50 before its upcoming Q4 earnings on 10th March 2021. This resistance level was established in September of 2018.
Head in the cloudsCloudera has been consolidating near range highs and could be a breakout candidate. If the stock can hold above the 12.39 area over the coming weeks, the next move might be 16.
THE WEEK AHEAD: M, CLDR, CRWD EARNINGS; GDXJ/GDX, SLV, QQQTHE WEEK AHEAD:
EARNINGS ANNOUNCEMENT VOLATILITY CONTRACTION PLAYS:
M (41/103/September 18.7%): Announces Wednesday before market open.
Potential Plays:
September 18th 13 short straddle, paying 1.30 as of Friday close, .33 at 25% max.
September 18th 5/7/7/9 iron fly, paying 1.07 as of Friday close, .27 at 25% max.
Look to take profit at 25% max.
CLDR (68/116/September 20.1%): Announces Wednesday after market close.
Potential Plays:
September 18th 13 short straddle, paying 2.60 as of Friday close, .65 at 25% max.
September 18th 9/13/13/17 iron fly, paying 2.13 as of Friday close, .53 at 25% max.
Look to take profit at 25% max.
CRWD (32/74/September 15.0%): Announces Wednesday after market close.
Potential Plays:
September 18th 101/145 short strangle, paying 4.03 as of Friday close, 2.01 at 50% max.
September 18th 100/105/140/145. Markets are showing wide in the off hours, but look to put on a setup that pays at least one-third the width of the wings in credit.
Comments: Not a ton is shaking next week for options liquid underlyings, but here are what appear to me to be the best candidates for volatility contraction plays. Naturally, I'm just preliminarily pricing these out to see whether they're potentially worthwhile, and actual strikes are likely to change somewhat running into earnings as price moves.
EXCHANGE-TRADED FUNDS SCREENED FOR >35% 30-DAY IMPLIED/OCTOBER AT-THE-MONEY SHORT STRADDLE PAYING >10% OF STOCK PRICE:
SLV (45/56/15.2%)
XLE (24/39/11.2%)
GDX (22/47/13.3%)
GDXJ (21/58/15.7%)
EWZ (17/44/12.3%)
XOP (13/50/14.1%)
GDXJ is paying the most as a function of stock price (15.7%), followed by SLV (15.2%), XOP (14.1%), and GDX (13.3%).
WHAT THE SHORT STRANGLES NEAREST 16 DELTA ARE PAYING:
The GDXJ October 16th 15/75 short strangle: 2.15, 3.6% as a function of stock price,
The SLV October 16th 22/32 short strangle: .97, 3.6% as a function of stock price.
The XOP October 16th 45/63 short strangle: 1.84, 3.5% as a function of stock price.
The GDX October 16th 38/47 short strangle: .84, 2.0% as a function of stock price.
Comments: I've already got a miners play on, so am likely to avoid getting into another closely correlated underlying here.
BROAD MARKET:
QQQ (29/32/8.8%)
IWM (22/28/7.6%)
EFA (17/20/5.6%)
SPY (12/22/5.3%)
WHAT THE SHORT STRANGLES NEAREST 16 DELTA ARE PAYING:
The QQQ October 16th 257/320 short strangle is paying 6.51, 2.2% as a function of stock price.
The IWM October 16th 140/170 short strangle, 2.93, 1.9%.
The EFA October 16th 60/69 short strangle, .93, 1.4%.
The SPY October 16th 317/391 short strangle, 4.95, 1.4%.
Comments: In the IRA, I've been mechanically selling 45 days 'til expiry puts at the two times expected move strike (basically, the 16 delta) and will pretty much continue to do so until 30-day drops below 20%. There's always hesitancy to continue to do this at successive all-time-highs, and, yes, it is likely I will be assigned shares at some point in a >2 times expected move sell-off, after which I'll proceed to cover. That being said, I've got an inordinate amount of undeployed buying power after all the acquisitional short put ladders I put on in the sell-off have come off; I'd rather take some risk here to earn "something," all while keeping a reasonable amount of dry powder free to take advantage if we get another one of those bodice rippers we had in mid-March. This week, I'll follow the implied volatility, and as of Friday close, that was in the QQQ's.
DIVIDEND EARNERS:
XLU (21/23/7.1%)
EWA (20/24/7.0%)
TLT (18/19/4.8%)
EFA (17/20/5.6%)
EWZ (17/44/12.3%)
IYR (17/24/6.5%)
HYG (17/14/2.8%)
SPY (16/22/5.3%)
EMB (11/11/2.7%)
The Brazilian exchange-traded fund leads the pack for the umpteenth week in a row, with XLU and EWA in distant second and third places. I'm fine with continuing to hit EWZ via acquisitional short put over and over again if that's where the implied volatility leads, but, yes, it's kind of getting old.
For what it's worth: The 2 times expected move EWZ October 16th 28 short put is paying .36 per contract as of Friday close (1.2% as a function of stock price).
Key: The first number in parentheses is the implied volatility rank or percentile (i.e., where implied volatility is relative to where it's been over the past 52 weeks); the second, 30-day implied volatility; and the third, the percentage of stock price that the specified monthly expiry at-the-money short straddle is paying.
CLDR monthly:: Best level to BUY // 100%+ SWING trade (STOCKS)Why get subbed to to me on Tradingview?
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CLDR monthly:: Best level to BUY // 100%+ SWING trade (STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: CLDR monthly chart chart overview
::: strong bullish chart
::: under accumulation now
::: V-shape recovery in progress
::: buy now at market hold until TP
::: TP bulls is 22+ 100% gains
::: expecting strong gains next few months
::: next SWING is going to be 100%+ gains
::: well defined range so buy lows now
::: STRATEGY: BUY/HOLD at market
::: BUY/HOLD swing trade setup / patient traders
::: 100%+ gains on BUY SIDE medium-term
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLS
#CLDR Buy SetupThere is a Setup 1 long breakout setup
This stock could go from $12 to $13
Wave 5 possible
What do you think?
CLDR BULLISH BREAKING OUT OF FALLING WEDGECLDR COOLING OFF AFTER RUMOURS OF A BUYOUT. COMPANY IS MEETING WITH PE FIRMS DISCUSSING M&A POSSIBILITIES. BREAKING OUT OF FALLING WEDGE 30% UPSIDE.
CLDR: Ready for even another higher growth wedge?CLDR is in the packaged software sector and focusing on data engineering and analytical solutions. Currently, when looking at what they have, you easily see sector and demand growth. Also, the sentiment is bullish likely pushing this to another much larger positive wedge. I think this may be a decent bet for a long hold. The way they have grown over the years in the heart of Silicon Valley also makes me quite hopeful. As always, this is on an opinion based basis. Invest at your own risk and pursue your own due diligence.
Cloudera $CLDREntry. $12.32
S/L $11.70
TP $14.28
12 months Consensus Price Target: $11.85
if you find my charts useful, please leave me "like" or "comment".
Please don't trade according to the ideas, rely on your own knowledge.
Thx
$CLDR $12.50 breakout ideaCLDR has been getting not only heavy options activity, but heavy coverage on CNBC. Worth keeping eyes on if confirms to the upside.
$CLDR Evening star pattern Strong Bearish SignalNYSE:CLDR An evening star formed at the top. This is a strong bearish signal
If it fails to break or negate this pattern it will drop hard.
$CLDR Downtrend line hitNYSE:CLDR
MOnthly timeframe trendline show $CLDR was unable to break the downtrendline. Everytime it hits this trendline and fails to break it it goes down hard.
$CLDR will go down deeperTechnical analysis suggests CLDR will pullback deeper. NYSE:CLDR
Daily timeframes MACD is going down RSI is slowing down
Weekly and monthly timeframe has a huge shooting star.
$CLDR would likely pullback deeper
CLDR Analysis Descending Triangle + Falling Wedge + Support + Bullish Divergence + Momentum Loss
CLDR Decrease in price magnitude in the Descending Triangle with wide swings shows a loss of bearish momentum while holding above 4hr Support level. Bullish OBV and CMF divergence show that buyers will soon enter market but wait for break of the triangle with conviction before entering Long.
$CLDR Breaks Out Of Its Wedge, Higher Prices Ahead$CLDR continues to climb and just broke out of its wedge. We first alerted our subscribers back in August when $CLDR was just $6.60 a share. Since that time, subscribers are sitting on gains of 42% and we believe there's much more to be had.
Cloudera, Inc. provides a suite of data analytics and management products in the United States, Europe, and Asia. The company operates through two segments, Subscription and Services. It offers Cloudera Enterprise Data Hub that allows companies to execute various analytic functions against a shared set of governed and secures data in public and private clouds, and data centers; Cloudera Data Warehouse, a hybrid cloud solution for self-service analytics; Cloudera Data Science and Engineering enables users to streamline, simplify, and scale big data processing; and Cloudera Operational DB that enables stream processing and real-time analytics on continuously changing data. The company also provides Cloudera DataFlow, a data platform that collects, curates and analyzes data; Hortonworks Data Platform, a data management platform that helps organizations to securely store, process, and analyze various data assets; Cloudera Data Science Workbench that enables self-service data science for the enterprise; Cloudera Altus, a platform-as-a-service offering; and Cloudera Fast Forward Labs, which delivers applied research in machine learning and artificial intelligence to its customers. In addition, it offers Cloudera SDX, a solution that enables common security, governance, and metadata management for multiple analytics functions; Cloudera Workload XM, an analytic workload experience management cloud service; Hortonworks DataPlane Service, a data fabric that enables businesses to discover, manage, and govern their data; and Hortonworks Cybersecurity Platform, which offers a single, comprehensive view of business risk through a security lens. Further, the company provides consulting, professional, and education services. It serves corporate enterprises and public sector organizations primarily through its direct sales force. It has strategic partnerships with Intel Corporation, IBM, and Hitachi, Ltd. The company was founded in 2008 and is headquartered in Palo Alto, California.
As always, use protective stops and trade with caution.
Good luck to all!