You could be right, but on a later day. A new ETF debuts tomorrow and RHT may be holding up in anticipation of buying in the cloud ETF. The surprise I see is selling by the big guys to the novices starting tomorrow. This is likely to be the top in various tech stocks that even give a hint of being in the "cloud."
Mohamel, Thank you for your well thought out and deeply researched post. One can only imagine the time consumed by your analysis! Since you must be imbued with the gift of foresight, perhaps you can enlighten us on other topics as well. Of course, since you have drawn this $40.00 per share "line in the sand" for Friday, July 1st, if your inside knowledge does not pan out, I can only hope that the shame you will suffer will be enough to stop such infantile post.