Yes, I have been in and out of CEY too and make some profit. But recalled few days back bought at $1.60 and sold during the day at $1.65 and make a small profit. And as usual the next day went to $1.95 and kicking myself for not holding for one more day or two. As we know the following day it broke $3.00. I have been trading for more than 10 years. Make and lost money along the way just like everyone else. I have always been a position trader. But now trying to be a day trader but not having good success. Really I think best to be a position than a day trader. As they say just need to be patient. Cut your losing trades and let the winning trades run. We are all trying to make money here so the more we can help each other the better. I am reading on technical analysis but can't bring myself to trust it fully. Anyway, if anyone of you are candle stick reader maybe you can help. As for CEY it has gone up from around $1.70 to $3.00 in about 2 months. I always get a bit nervous when stock jump that quick in a short space. But we have 3 higher high (even though the last closed was lower than opened) and volume is good. So I think the support now is $3.00 and resistance would be $3.50. So is it true to believe the stock is continue to be bullish or could it turn around now ? Obviously commodities prices will have a influence. I am new to technical analysis and trying to learn, so any feed back would be good for everyone. Maybe Selmax can help, seems he is into candle reading.
CEY Price at posting:
$3.03 Sentiment: None Disclosure: Not Held
