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A_x_A
Jan 15, 2021 2:36 PM

Potential Breakout on $CTEX Long

Cemtrex Inc.NASDAQ

Description

CETX has formed a daily wedge and is currently laddering upward. If price can float out of the top of the wedge and bounce of the uptrend (pink) and push higher. With high volume, the price could break through resistance and see rejection off the resistance level above. Price would then see rejection off of the newly created level of support and push towards the uptrend (orange).
Comments
Investroy
Really nice, cheers a lot
A_x_A
@Investroyllc, Thanks!
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