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SKYY, Trend Channel and Fibonacci Supports

Long
First Trust Cloud Computing ETF (NASDAQ:SKYY)  
brsdmrc  
NASDAQ:SKYY   First Trust Cloud Computing ETF
Trend Analysis Fibonacci Trend Lines
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trendanalysis fibonacci trendline
SKYY follows a medium term channel with the comfirmation of the fibonacci supports. In addition, bright future of the cloud systems is another feeder of its momentum.
Moreover, fundamentals of it may be accepted as reasonable:
https://www.morningstar.com/etfs/xnas/skyy/quote.html
https://www.zacks.com/funds/etf/SKYY/profile?q=SKYY
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