Panjang
CELG - testing 99, twist in hourly chart
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.
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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.