After touching the highs from late Janruary, Cello has consolidated on the previous resistence at $3.50 and looks to be coiling for a major breakout. We need to find acceptance and consolidation around $4.00 before all time highs can be taken out. Volume has dropped substantially so we should see some movement either way in the next day or two.
There is a good chance of a back test of the trend line support that has been driving this move since early January. You can try and enter there on a back test or look for the increased volume and try and follow the trend.
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.