4CE 6.25% 1.5¢ force commodities limited

4CE Chart, page-1260

  1. 1,249 Posts.
    lightbulb Created with Sketch. 120
    Great day, here's an update of my chart followed by some comments.

    4ce chart 7.11.png

    1. The black horizontal line shows the previous support and resistance (4.8c).
    2. The diagonal blue lines show the downward trend channel which we entered after breaking that 4.8 support.
    3. We should of bounced off 2.8 and dropped back down into the downward trend, considering we managed to close at 2.9c I would say there's a strong chance of a break-out starting tomorrow. If we close below 2.8c tomorrow then we will be back into the downward trend.

    All we need is a positive announcement in regard to drill results to drive this thing and the next stop is 4.8c at the previous support/resistance level. Cmon Management, come through for us.
 
watchlist Created with Sketch. Add 4CE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.