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
Clouderastock
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.
