StofAxeCapital

CEI Strong recovery to come

Long
AMEX:CEI   Camber Energy, Inc.
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!
Trade active:
About to start climbing slowly in uptrend

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