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Haunted_Cheez
Jul 13, 2016 2:26 PM

CENX Broke 8.00 Price target 8.50 based on 1yr trends Long

Century Aluminum CompanyNASDAQ

Description

In both March and April of 2016, CENX has hit the 8.00 mark to later jump to 8.50 within 2 week's time. It is my estimate -based on these previous rallies and the upward momentum as of late that it will once again rally to this 8.50 price point. Be aware that I take this to be a short-term trade as within 1-2 week's time I expect it to fall at or below a 7.00 support price by August 31, 2016.
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