Celltrion stock price technical analysis
Technical analysis. Were looking at Celltrions stock price below. Left square box is the peak when Celltrions stock price closes. It is a pattern that comes out frequently at high point, so please enlarge it below and memorize it.
In short, the high point signs often make such a big twin peak at the high point, which is probably a chart term for the head-on shoulder pattern.
For example, the point of bite with Celltrion stock price is near the left large pole of the square box and the right side of the double bar.
In the middle, when the stock price is low and the 60-day moving average is supported, it usually does not buy well.
But at the high point, were good at buying, and were up with the support of the moving average, so we think were going to break the high point and go back up. And the second peak cans are not drawn for nothing. Theyre very likely to have been raised in the beginning and then dropped.
So when you buy a high point, you should always keep in mind the hand-off line and manage the risk through stock purchase.
It shows that it has been on a long decline since its peak.
The red square box below marks the low point of Celltrions stock price. Why is that a strong support line around there? Turn the one-bar chart to the left and study for yourself.
The main part is the purple up and down square box. The first purple square box is the price range near the end of the market, which is the last part of the box.
The purple box is near the cigar and closing price of the pole beekeeping cans of Celltrion stock price.
Ill take a closer look at the chart below.
This is a wide-ranging screen of Celltrions stock price. Let me take a closer look.
Simply interpret them.
Left purple circle shows down price stokc as soon as red rising price stock. after that price of stock down daily then goes to right dialy candle..(with 200,000 won price) at this time, trade volume down
right purple circle means the price stock will rise up because someone who havs this celtrion stock can handle stock price. we know that about trande volume of right purple circle
This is very important in chart. at any chart we can show similar chart regardless of coporation.
The charts shown by other stocks below are similar; the left red circle also shows the buying section, and the right purple circle suggests that the share price will rise. The reason is found in the volume of transactions.
Near the red circle on the left, the owner of this stock has already bought a large number of shares; it is confirmed by trading volume.
Its a very important story, and after that, the owner can see that this stock is made at will.
So where do we buy from? Right around the red. The reason is we can find it in the volume. Usually, these stocks are often raised without trading volume, and it is safe to live when you break through the peak, and if you have a sudden increase in trading volume, you have to sell it.
If you apply this picture to Celltrion as it is, it becomes the same picture.
charts in stock market of the world are very similar each other so, if we know some pattern of the chart. it is so easy to make good money. Just sturdy stock chart the make a money
I want to explain it in detail, but I cant explain it because I dont know the terms in English.