DAILY 16/2/2021 :
Breakout : 52 Weeks New High
Market Stage : Uptrend
EMA : Price >Ema 5 > Ema20 > Ema50 > Ema200
Breakout Volume : 4.8x times
Trading Breakout Value : Rm15,024,055
WEEKLY 16/2/2021 :
Breakout : 52 Weeks New High
Market Stage : Uptrend
EMA : Price >Ema5 > Ema20 > Ema50 > Ema200
Breakout Volume : 3x times
Trading Breakout Value : Rm25,608,950
An important development took place on 16 February 2021 where the price of CENSOF broke the resistance of 0.28. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
Breakout : 52 Weeks New High
Market Stage : Uptrend
EMA : Price >Ema 5 > Ema20 > Ema50 > Ema200
Breakout Volume : 4.8x times
Trading Breakout Value : Rm15,024,055
WEEKLY 16/2/2021 :
Breakout : 52 Weeks New High
Market Stage : Uptrend
EMA : Price >Ema5 > Ema20 > Ema50 > Ema200
Breakout Volume : 3x times
Trading Breakout Value : Rm25,608,950
An important development took place on 16 February 2021 where the price of CENSOF broke the resistance of 0.28. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.
Note
CENSOF has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, there is a technical level at 0.29 which may support any short-term retracement.Note
CENSOF has been trading above its upward sloping 20-Day Moving Average which is a good sign. In addition, the price just broke the resistance of 0.305 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.Note
CENSOF has tested the support of 0.305. It is important to monitor the price volume action near this 0.305 level to determine whether the rebound is sustainable.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.