Confluent, Inc. stock discussion
CFLT Brewing until a break to either direction! Enjoy.
CFLT We have had bullish momentum when it comes to software infrastructure; is it time for a decline?
If we break below this important support, bears could gain swift control in the medium term!
Keep an eye and most importantly follow your own trade plan and risk..
CFLT bullish breakout here. Stop loss at $23
CFLT (Forgot to include the chart)
CFLT has a very constructive long term chart here with this month's "Range Expansion Month" to the upside. This triggers a 9-month rally phase ahead and also sets up buy-limit entries down at $26-$24 on any pullbacks from $29.10 last on May 26th. Upside to $44+ based on 100% range around this mode and $22 mode.CFLT is poised here in a sideways pattern, but today's range is a "range expansion day" to the upside, signaling strong buying and a possible continuation signal from here.