Blowy, CEY a very solid bet imo. Following chart shows a couple of perspectives on CEY SP. There is either support at the 1.75-1.80 level based on a sideways triangle pattern, or the price has entered a rising channel. Price action in the next few days should indicate which pattern it will follow. There is a danger if the general market breaks the bear market rally it will follow the sideways triangle rather than the rising channel, however if you compare to other coalers such as MCC, FLX and GCL they have all been increasing solidly.
CEY Price at posting:
$2.23 Sentiment: LT Buy Disclosure: Held
