Celanese Corp $CE is currently exhibiting a Squeeze Score of 96.2.
Here’s what the chart looks like:
CE is coiled tightly at the breakout level of a year-long bearish-to-bullish reversal.
Bulls have already reclaimed the AVWAP from the 2024 highs, signaling growing control of the trend.
With volatility on the Strazza Indicator compressed near YTD lows, the next move out of this short-term coil could be the one that completes the reversal base.