Aluminum is a highly cyclical sector just like other industrial metals. If you think the cycle continues, this is the sport to buy at trough levels. It could get cut in half if things get ugly. If things go okay and demand rises and the sector tightens, this stock can travel to $25-30 quick like it has several times before. Small investment. AA Alcoa Corp is a...
BULLISH CENX Im bullish to this coin. waiting for the breakout in bullish pennant. Im targeting 65% profits and a stop loss of only 9%. Trade responsibly.
CENX has managed to claim back the 200dma and has formed a nice inverted head and shoulders pattern to launch off.. $14.50 level above will be the first likely target. Stop and Target on the chart.
All description on the chart. Please, don't forget to like and follow. Thank you.
CENX is overbought and whales are taking profits! Long Put Option is a good trade!
Century Aluminum C (CENX) Target $18 than $90 GoodLuck
Industrial metals are set to witness an upcoming rally after Joe Biden's $6T budget proposal, The spending plans would fund investments roads, water pipes, broadband internet, electric vehicle charging stations and advanced manufacturing research. CENX is an industrial metal stock that's being traded within a descending channel on the 4hr time frame since March...
Century Aluminum Co (NASDAQ:CENX) displayed some impressive relative strength on Friday with a 17.43% gain on high volume. The $19.60 is a key to watch for this stock. The Stochastic Oscillator is registering a bullish signal as the %K has crossed above the %D and RSI back above 50. The nearest trend is in favor of Bulls and price has room to go higher. If the...
NASDAQ:CENX at the Support Level
Looking good long term
Target : 7.29 Stop loss: 5.71
STLD, appears to be breaking higher out of the bull flag. With the entire sector moving higher like X, AKS, AA, CENX, I think this is a low risk play here. Should be good as long as we stay above the 50SMA.
STLD looks to be forming a bull flag with upside potential to $50. Trump is bullish on Steel stocks. Could we get a break out soon? I think so.
You know the drill, stock at resistance, if it closes above resistance dont short if it closes below resistance short. set a stop loss close to the resistance incase this guy pokes its head out before heading back down.
CENX appeared to be just finishing a head and shoulders tops formation (marked by five horizontal blue lines) spanning from Sep 2015 to march 2015. Based on that formation, the price should have retreated to approximately 10 dollars. It went slightly below that but showed some signs of stabilizing. However, CENX also posted revenues that were 26% below consensus...