Looking to break the 50-day EMA @ $.079c on Monday and then we should make headway to the 100-day SMA at $.108c. After that we have a clear shot to $.20c with pending news and near decade high prices for gold. Looking forward to next week here, stay healthy everyone!
Continuing to watch this play. Strong technical setup and fundamentals to reinforce it. Looking for a popover 60c on a news release. Saudi Aramco is already in talks to implement MCLD cloud asset management software. Industry leader here in the making.
Short (& long) term play into ER (this Thursday before the market opens ) following the massive acquisition of Autopro that closed July 11th (Quarter ended Aug30th). Autopro is bringing 35M in revenue and 5.5M of EBITDA to Mcloud as well as a massive expansion into the oil & gas sector for Mcloud AI asset management software. Technical analysis: MACD is looking...
MCLD is extremely bullish on a moving avg, MACD, and trend line analysis. It is currently testing a .47 wall with significant support on level 2 market depth underneath it. Would watch it very closely! TSXV:MCLD