OptionsRising

Is this cloud stock ready to move over its IPO price?

NYSE:CLDR   None
The white dotted line connects closing prices to show the downtrend is broken. After IPO the price steadily declined, but now price has turned and made a higher high. See notes on chart. I find this stock technically attractive because price has not yet shown a parabolic increase. I will be looking for weekly RSI to stay over 50 (it might test this level with a dip and rise). This stock will be good for a longer swing trade or investment. I have Jan. 2022 expiry, 20 strike, calls.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.