NASDAQ:CENX Century Aluminum Company
Yes, it looks bad I know. Even an there is engulfing candle. But there is a lot of support underneath. It may drop some more, but I don't think is going to crash. Give it a couple of weeks to accumulate purchase orders again. I'm holding this one for a few more months. I knew this could happen. I may buy some more but I want yo see some buying signal first.
I've been holding this in my long term portfolio. I still think it can double at current prices. I'm looking for a pull back around 8.5 to add:
Think it's going to break the triangle: