CELO ANALYSIS (1D)After completing the diametric, CELO has entered a bullish wave that looks like an ABC or complex pattern.
Wave A of this bullish wave is over and we are now in wave B. There should be another bullish C wave.
The green range is a suitable range for sell/short positions.
The main targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank Yo
CLOUSD
CLO - Target 300% Profit (1D)CLO - Target 300% Profit (1D) - Wating Plz
CLO - Target 300% Profit (1D) - Wating Plz
CLO - Target 300% Profit (1D) - Wating Plz
AMZN Breaking Out! $AMZN
Just broke a very crucial resistance line and should move higher. AMZN has been in an ascending triangle for the past year. We have just broke out of this pattern which historically implies further upside. Still trading at fair valuations (66x PE) given the growth potential. Also the news of the JEDI contract being rebid is very positive for AMZN, given the contact now could go to AMZN ( Worth 10b). When Microsoft received the JEDI contact critics claimed the Trump Admin was favoring Microsoft given AMZN's cloud computing abilities and the hostility between the Trump administration and Amazon. Amazon now has another chance to receive the JEDI contract which is huge for the company.
CLO/USD - remains bullishMy thoughts currently on CLO/USD:
1. Volumes remain 'high' (and 'stable' enough) compared to previous other cycles
2. it seems to be in a consolidation phase.
3. Bullish trend line remains valid.
This is not a financial advice.
On a side-note, Callisto has recently created Callisto Entreprise, this might be linked to their transportation-related project in Prague.
Question:
- Can 2021 be the year where it can exponentially grow or simply do nothing or go dow? Please feel free to answer (and please argue of course if possible)
Thanks!