Cloudflare has demonstrated impressive upward pressure, surging more than 40% in just a few days. In response, we now consider waves 3 and 4 in green as finished and locate the stock in the final stretch of this impulse move, which should ultimately complete the orange wave iii. Given that key expansion levels have already been reached, we expect the wave iii high to form soon. Afterward, we anticipate a sharp wave iv correction, with downside potential toward the $122.68 support.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.