Potential Breakout on $CTEX
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).
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.