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Bullboard - Stock Discussion Forum CareCloud Inc CCLDP


Primary Symbol: CCLD

CareCloud, Inc. is a healthcare information technology company. The Company provides a suite of cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the United States. Its segments include Healthcare IT and Medical Practice Management. Healthcare IT segment includes technology... see more

NDAQ:CCLD - Post Discussion

CareCloud Inc > Despite a bearish reversal
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Post by drbob512 on Jul 20, 2020 10:51pm

Despite a bearish reversal

from HOD of 11.71 to close @ 10.92, MTBC's Parabolic SAR turned positive by flipping below the SP, now @ 9.26, because the HOD was above the SAR reading intraday. So longs are ok for now.
Comment by drbob512 on Jul 20, 2020 11:36pm
Btw MTBC filled the gap (about 11.03) that was leftover from gap up opening. It then fell to 10.79 & rallied a bit to close @ 10.92. Could consolidate betw 10 1/2 and 11 1/2 for a while before a breakout.
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