US Stock In Play: $CLDR (Cloudera Inc)
During the previous week where U.S. stock indexes suffered their biggest correction since late October 2020, CCLDR defied the market frailty via a structurally sound breakout of its Symmetrical Triangle chart pattern with substantial follow through of rally for the subsequent days. The total cumulative gain since CCLDR was highlighted on 22nd December 2020 stood at a gain of +29.45%.
With CCLDR current price volatility inching back to its September 2020 high, it will be imperative to see CCLDR re-testing its immediate resistance at $18.50 before its upcoming Q4 earnings on 10th March 2021. This resistance level was established in September of 2018.
With CCLDR current price volatility inching back to its September 2020 high, it will be imperative to see CCLDR re-testing its immediate resistance at $18.50 before its upcoming Q4 earnings on 10th March 2021. This resistance level was established in September of 2018.
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