Calix, Inc
Short

CALIX Analysis

Hello traders, CALIX is in a very important moment in its history we can witness a new historical high. It is in a fake bearish movement with a large purchase volume made and a kind of water-carrying candle with a sell trace. The TIMEFRAME M1 makes us observed a kind of upside down hammer candle with a high sell volume executed, it goes towards its next low to make a reversal (fake plus back). There is a good chance that the price will breakout following the equilibrium zone to land in the upper one and make a new high. With a test on the top of the zone then a second test on the top of the channel with a previous breakout.
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