Technical analysis by algola about Symbol CELO: Buy recommendation (12/17/2023)

weekly chart.. First of all, this is important to break the part from August 2021..!!! It also broke the low from May 2022... It also broke the 50-week average, which is also important... Closing above the 50-week average and falling is a double positive.. I think that if we close the week above 0.63, we will reach our targets. I marked the goals with pink dotted lines. first target:0.76 second target: 0.93 Third target: 1.68 If it goes above 0.76 and maintains permanence, it can make a strong move. A bowl forms at the 0.93 target. There is a big bowl formation at the 1.68 target.. The graphics are very nice, one of the rare graphics. a negative situation...