August 20, 2020, 1:36 pm EDT
Cloud Era is Coming (CLDR)
Big data, AI, cloud, are coming into our daily life through smartphone, wearable devices, internet, youtube, social network, google pay, that are almost majorities of our activities. Thus, we have to admit, Cloud Era is Coming.
Cloudera Inc (CLDR) is 4 billion market cap company in this field that could bring upside potential for months to come.
- CLDR is breaking out today with +5% gain from convergence pattern
- Multiple outstanding volume in June after first base (April-May) and bottom in March
- Rising earnings in the past 5 quarters and positive earning in the recent quarter
- Entry point is about 12 and sell-stop is 11