This stock is a top pick for a lot of leading ETFs like ARKK , ARKG , ARKW , CLOU and XSW . That's a synonym for good long term view from this companies, and I really like that. You could say that, that is part of my fundamental analysis. On early November the price tested its 200 day MA and it held very well. Now, after a good breakout, is testing its 20...
CRM has consolidated for almost 3 weeks, after gapping down on the news it had acquired Slack (WORK). Risk reward ratio is around 3. A potential test of the pre-gap candle lows might be in place before attempting to reach the 50sma, and subsequently the top of the gap. OBV line has tested and is now respecting the line that was made before the gap higher.
I really like this ETF NASDAQ:CLOU and now is looking good. Is one of the leading tech industries due the higher demand for online solutions for everything, and I believe that is just getting started. It broke out of a symmetrical triangle with good buying volume and now is testing the 20 day MA with low selling volume, for me that's a good buy signal. All...
We are seeing confluence of support around $120 approximately. Test 1: February high Test 2: Bottom of gap Test 3: 200sma Risk Reward ratio is great, as we can set a stop below the 200sma. RSI is still not oversold on such a drastic down movement.
strong stock weak day watch weekly cloud above see our book on importance of weekly cloud on amazon of same name mad crossed above 200 day ma rsi strong cci and percent r good money flow strong