CELR saw huge upward rally of ~81% since its weekly resistance breakout forming Elliot Waves pattern. The recent slow poison death after Impulse wave 5 and Trendline broken were due to the undergoing correction Wave A. We are currently in Correction wave B and a little sideways movement of CELR along the trendline resistance is expected before if will ultimately complete the 50% correction of the recent rally.
The levels are mentioned in the chart.
The levels are mentioned in the chart.
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Trade closed: target reached
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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.