With the recent forced seller finishing off their line yesterday after the close it will be interesting to see if CEL can make a return back to the mid 30's in the near term.
The gap created off the back of the last leg higher at 28.5c was closed yesterday and the offer has thinned right out. Any semi decent show of interest will see the recent down trend halted. The pull back was hard and sharp after the stock printed over bought signals in the RSI with its recent run back to the 37c range
Medium and longer term setups are both still in positive momentum.
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