NASDAQ:CLOU   Global X Cloud Computing ETF
as per requested.


overall trend for CLOU is still uptrend..

as here we can see the market break above $29-30 and supported. (was previous resistance back on Dec)

BUT , we can see some divergence in MACD..

the high is getting higher, but in MACD, the high is getting lower ( can refer back what happen in Dec20 and Feb21 high).

this indicates the bull is getting weaker.

watchout $29-30 as an important support that need to hold.

fail to stay above $29 will turn into downtrend.


DYODD





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