Using a blended candle approach, one can see that the sentiment for CNTA is setting up for a squeeze. The volume is contracting over the past few weeks since beginning of the year. Bollinger band is showing signs of a squeeze. ATR (14) is showing lowest volatility over the past 100 day period. The Blended candles offer summation of short term (20 day) and medium...
IPO intraday trading strategy idea
Centessa Pharmaceuticals is a biopharma holding firm with treatment programs for various diseases.
The share price is rising and gonna continue this trend today.
The demand for shares of the company still looks higher than the supply.
These and other conditions can cause a rise in the share price today.
So I opened a long...