Long

CEI Strong recovery to come

By StofAxeCapital
Updated
Not a financial advisor.


Today CEI took a major dive. In which sparked my entry. Like many others, I see a great bounce play here.

I'm eyeing up a return to test $2.49 retrace bounce off the $1.93. If we have enough volume we will see $3 return. I like this project. I'm holding a core and swinging a smaller position.


Over dramatic selloff. We saw a big bounce today off the $1.03 fib.

All indicators have seen a major cool off. Wouldn't be surprised if we bypass $5-$6 within the next week if volume remains high.

Will update accordingly.

As always feel free to chime in and leave feedback. Always great to chat with other traders, Thank You!
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