Charts say whatever you want them to say....its like a painting in a museum. 100 people look at the same picture and see 100 different things. then as soon as news hits they say Oh yeah by the way News trumps all and now with that news the chart has reset. People are visual beings...they feel better when they see things in a chart.
That is a fair concern and very possible. I mostly agree with The Rainmaker's post ... charts are not an exact science as some would have you believe but they are good way to measure the past and certain situations are statistically more reliable than others. The chart does show a nice uptrend and as a chartist I would actually be most comfortable if we were to consolidate in this range the next few days and have the 9 day MA hold; overall i think we can all agree the chart suggests a bullish outlook on CLWD but I always try to be ready to adapt to what ever may come next ... JMHO
News 
Market Data 
Discover 
