WinstonWolfe

Centamin Breakout of Cup and Handle Technical Pattern

Long
LSE:CEY   CENTAMIN PLC ORD NPV (DI)
Long term target of 360-370 over the coming years.
Comment: This was a false breakout of the head and shoulders pattern and the Centamin price has reverted back to the primary trend line. It will resume the uptrend shortly.
Comment: Major long term trendline has held. Onwards higher from here.