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SmoothJB
Sep 19, 2021 4:56 PM

CEI 

Camber Energy, Inc.Arca

Description

Camber Energy Inc (NYSEAMERICAN:CEI) has been in a strong upwards trend the past few weeks and it seems to be working out the overbought conditions. As you can see on the chart above, the rising EMA9 line on the 4H has been providing a significant support for the stock on the rise, so only a close below that line would indicate that a pullback is on its way. In that scenario, there are a lot of supports below. On the other hand, if a breakout above 1.87 occurs, we could see an acceleration of momentum and move toward the 2-2.26 area.
Comments
einarrenne
Yes it is, and it will crash at some point, but will it happen now or later? Im holding! Bought 0.39 :D
leonardikosasih09
is it bearish divergence on the RSI ?
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