Last week, many of the leading cloud computing stocks sold off sharply lower. Today, many of the leading cloud computing stocks are once again coming under selling pressure. Salesforce.com Inc (NYSE:CRM) is considered to be one of the leading stocks in cloud computing industry group. Today, CRM stock is declining lower by $2.03 to $133.72 a share. Short term traders should watch for intra-day support around the $131.80, and $130.00 levels.
Some other leading cloud computing stocks that are coming under early selling pressure today include Raxspace Hosting Inc (NYSE:RAX), F5 Networks Inc (NASDAQ:FFIV), and Riverbed Technology Inc (NASDAQ:RVBD). All of these leading technology stocks continue to look weak on the daily charts at this time.