Still plenty of upside momentume left and also as long as the $4.87 remains as support, the upside will prevails
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. All the configurations are all positive. Moreover, the stock is trading above both its 20 and 50 day MA (standing respectively at $4.85 and $5.1).
The next immediate target is $6.39 then $6.81. Should the All Ord holds support, $7.23 is also a remote possibility.
Supports and resistances: $7.23 * $6.81 ** $6.39 $5.54 last $5.14 $4.87 ** $4.18 *
CEY Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held