CCLD CareCloud an IT/AI pennystock rising LONG

已更新
CCLD is shown on a daily chart with the only indicator being a volume profile. Horizontal lines

are drawn from some prominent pivots. As a microcap CCLD has more volatility than the big

name IT/AI stock. It also has upside as it is currently priced at 15% of the all time highs in 2021.

The initial target is 3.5 based on the low volume consolidations of the whole year of 2019

and May 22 to May 23. A higher target is 7.0 which corresponds to a volume void to be filled.

This is a risky but potentially highly rewarding long trade. Buying when price has risen from

extremely oversold into the high volume area of the long-ranged volume profile helps diminish

that risk.
交易开始
CCLD moved higher with volume. Stop loss raised to just above break-even. Risk free trade now.
注释
Price is 80% off the ATHs. Position is over 1000 shares. When there is a pop of more than 5% in a single day. I take off 10-20 shares. when there is a drop of the same magnitude I add back 10-20 shares. Expecting a trade duration for at least the
remainder of this year. At price > 3.5 I will take off 25% of the position and again
at price > 7.
AICCLDcloudservicesITMoving AveragespennystockstechnologystocksVolume

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