Hello Traders. Hope you are doing well. Today I want to share my idea about CELR. CELR broke ATH on March 21st and had a nice bullish run since then. What now? Well you can see after CELR hit 0.1$, it has corrected about 50% until now. It can be a pullback to purple range which was ATH. If you want to buy CELR, in my opinion you can do 2 different scenarios :
1) You can put one order around 0.053-0.054$ and one order on the purple support around 0.04$. So you will buy it in two steps. ( Stop loss below support )
2) Buy the breakout. When the price breaks out of the yellow descending line, you can open long position. ( Stop loss below the descending line )
Also Rsi is in the oversold condition and likely the price is going to bounce back.