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...
$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...
My 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...
