Short term (rest of the year) Cloudflare will be in a correction(profit booking) like the rest of the market, which has been driven up crazy since the march dip 2020. Cloudflare will find support at 0.786 Fibonacci around 130-140$ which will be a good entry point for the start of next year 2021.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.