Regardless of Technicals etc. Shareholders need to apply some plain old fashioned logic to what is happening with Cloud and its share price.
The fact there has been a significant multiple of Insider share acquisitions over the past year plus should be encouraging for everyone:
Surely a few of these people aren't intent upon wasting their money.
This company is being beat up for reasons that are extremely hard to fathom.
In my view. investors would be best served by ignoring "Technicals"??? for a few months and focus upon actual marketing, sales, growth and other structural events to determine whether to continue investing here or not.
As I see it, the future looks pretty good..
https://ca.finance.yahoo.com/quote/DOC.V/insider-transactions/