This is a usa stock that broke out on the upsides and doesn’t fit into our criteria.
The way I play the game is different from the way others play the game ..
This trade can go low as 4.8 and retest the break out point .
I know some traders wouldn’t like this my analysis…. But as the sweetest boy if we don’t trade correctly we’ll cry in pains as the game is no...
CEPU recently broke out from a range on good volume. Seems to now be testing the prior highs from above and is approaching a large accumulation volume profile node. CEPU has been trending higher on the daily and weekly charts. Energy is now starting to increase after having faced exhaustion on it's upward break out.
Outside of TA, CEPU has its debt to assets...
Daily chart
CEPU has been moving sideways since August 2019. Recently it has started to curl upwards on low volume. Might lead to a breakout.
Price Target - $5.50
Yield 2.18%
p/E RATIO 4.67
Central Puerto SA engages in the generation and distribution of electricity. It operates through the following segments: Electric Power Generation; Natural Gas Distribution; and Management and Operations. The Electric Power Generation segment produces and sells electric power. The Natural Gas Distribution includes public sector service...
Trading Methodology:
1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend.
2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point.
3. A trend-based...
