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
I would wait for a re-buy on this one.. too much resistance above.
100 to 200 percent gain possible over a longer period of time.
Target : 7.29 Stop loss: 5.71
CENX working out of a large weekly base
Looking bullish short term and my target is aroung 5-10 %
Trump's tweet looks to mark a sentiment bottom in LME aluminum.. Century looks like a low-volume buy in a larger monthly/yearly uptrend. Entry is on a stop out of today's range-expansion sell
The key characteristics used to identify the Harmonic Bat pattern are as follows: AB leg can retrace between 38.2% – 50% of XA leg BC leg can retrace between 38.2% – 88.6% of AB leg CD leg can retrace up to 88.6% of XA leg CD leg can also be an extension of between 1.618% – 2.618% of AB leg The Harmonic Bat is a variation to the Gartley pattern which was...
BLACK SWAN PATTERN. Target off the 50% fib bounce is 1.236 extension
An ascending wedge has been forming since 2016, and gradually has been building up volatility as more market participants get involved. Price is very extended here, which signals for a pullback if not a strong downtrend into the lower bound of the wedge. However, I could be totally wrong and the price could shoot up strongly for a continuation. Let's see how it...
Long here @ $17.50 with the expectation CENX will reach resistance at ~$20 shortly. Stop is at $17.02
Followed by some confusion in marketplace. Suitable for ATM PUT option towards three-month resistance