CLOUDPT post-IPO Movement

CLOUDPT developing good price/volume movement after 98 days from IPO.

Volume increase when price hike and volume decrease when price correction. (wash out)

Let's see if i am right. Awaiting solid breakout and stand firm above 0.625.

Disclaimer:
For educational purpose only, not buy/sell recommendation. Trade at your own list.

Comentário:

Price reach 0.620 again after more than 10 days of wash out action since 4th Sep.
Let's see if price can breakout 0.620 solid this time.

Comentário:

Will today breakout sustain? Foresee 0.640 support will be tested to build momentum for another rally.

Comentário:

Seem like breakout is firm. 0.640 will be crucial support. Next is let's see how the big shark want to play.

1. Pull back to wash contra player. T+3
2. Continue momentum and push the price up.
3. Major wash out to wash out even more retailer.

Let's see.

Comentário:

Shark play number 3, major wash out. My entry point around 0.605 which allow me to hold for this shake off.

Price back to 0.625. Need to build back momentum.