purely technical and pa heavybag. The flag/pennant we are in since we had the big volume day last Tuesday is nearing its end in my opinion. Using these bullish formations complete themselves within a week or two. Everyone thinks CLWD needs to have a pr to move the pps, where was the pr last Tuesday with a 66% increase on over 60 million shares traded? As long as we can hold this level, I think our next stop is the 50 dma. Buyers must hold this level!
This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.