albert.callisto

CELG - testing 99, twist in hourly chart

Pembelian
NASDAQ:CELG   None
0
From a longer term noiseless view (Kagi), the price hit the bottom of the downside channel after earnings. It just started a reversal.

On a much shorter timescale, the price is supported by an oblique trend. Candles did not manage to get through it and are currently testing a level at 99.30. Tenkan was broken and price could head towards the Kijun if it passes the previously mentioned level.

Interesting feature on the hourly cloud is the presence of a twist. These areas are interesting in Ichimoku because price may try to go through it, they offer a path of least resistance (see how it went through the previous twist area on 26th). This could be the first sign for a bullish trend at least on hourly scale.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.