CELO channel bounce
CELO now still building energy to break 4.15 after bounce from lower uptrending channel. You may buy on pullback to 3.50 support.
First target price at 4.80. 2nd target price at 6.90. Cutloss a little below 3.22.
Currently in wave 3 after wave 2 bottomed at 1.311 last Jan 2021.
First target price at 4.80. 2nd target price at 6.90. Cutloss a little below 3.22.
Currently in wave 3 after wave 2 bottomed at 1.311 last Jan 2021.
Note
As of 5Jan ,CELO is now at 5.56 past first target & going after 6.90 w/c it’s also the median of channel. Some retracement will be expected.
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Disclaimer
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.