Cloudflare near highs, trade up 14.8%
Cloudflare gains 3.5% and returns to highs already tested twice
Cloudflare near highs, trade up 14.8%
Our view last week
Cloudflare shares surge 10.7% in a single week, rebounding off a clean double bottom in the 213 area with a 30% intermediate bounce. The buy signal is in its sixth week and the gain since entry is nearly 11%: the model's first trim window has now triggered, with the stop already moved to breakeven. Weekly technical analysis stays solidly bullish, but the stock is back near highs already tested twice.
This week's summary
Cloudflare shares add another 3.5% and push back to the highs already tested twice, with the weekly technical analysis still solidly bullish — moving averages aligned, MACD improving — but buyer dominance is starting to fade. The buy signal is in its 7th week, the trade is up 14.8%, and 2 of the 3 targets from our model are already hit. With earnings due in two weeks, chasing the move here makes little sense.
IQS Phase
76
in tension
Signal Strength
74
high · wide & volatile
Sizing
FULL
Ranking
#19 / 112
US stocks in progress
Trade P&L %
+14.82%
from signal to today
restricted Platinum content