Aug. 9 at 4:30 PM
$CLOU is one of the cloud names I’m keeping on the radar.
The broader cloud/software group still looks like it could have another leg higher, with roughly 20% upside from current levels if momentum continues. The interesting part is the names sitting around it
$WDAY,
$SNOW,
$NOW and
$NET.
I wouldn’t treat the 20% figure as a guarantee. After this kind of run, I’d rather see how these names handle pullbacks and whether buyers keep stepping in.
For me, the real question is which one still has the best risk/reward from here.
$SNOW and
$NET have been interesting, while
$NOW remains hard to ignore.
What are you watching?
I put my thoughts into detailed posts because sometimes a deeper breakdown helps more than a quick headline.
