I know very little about CLOUDFLARE but I know a chart I like when I see one. This chart definitely have the candles that light the way to profitability. A nice reminder of what I learned from my mentor : TRADE WHAT YOU SEE or TRADE WHAT YOU KNOW?
This is definitely a purely technical approach. Trade now ask questions later. This chart needs no complicated indicators or oscillators. It's purely PRICE ACTION with VOLUME at it's finest. But if you insist on confirmation, check out the MACD crossing up and OBV showing ever increasing buying pressure.
Buy at the break of previous days high for potential 10% range expansion. And as always, manage your risk wisely.
This is definitely a purely technical approach. Trade now ask questions later. This chart needs no complicated indicators or oscillators. It's purely PRICE ACTION with VOLUME at it's finest. But if you insist on confirmation, check out the MACD crossing up and OBV showing ever increasing buying pressure.
Buy at the break of previous days high for potential 10% range expansion. And as always, manage your risk wisely.