CETUSD - Breakout PossibleSmall bullflag may be forming on CETUSD right at the top below the trend line
This could lead to a breakout of the larger structure
AN upward price movement would be like what I have plotted in green
CETX
CETX 1M 600%test
Cemtrex, Inc. engages in the provision of solutions in the technology. It operates through the following segments: Advanced Technologies and Industrial Services. The Advanced Technologies segment delivers cutting-edge technologies in the IoT, Wearables and Smart Devices, such as the SmartDesk. It also includes the Company's subsidiary Vicon Industries, which provides end-to-end security solutions to meet the toughest corporate, industrial and governmental security challenges The Industrial Services segment offers single-source expertise and services for rigging, millwrighting, in plant maintenance, equipment erection, relocation and disassembly to diversified customers. The company was founded on April 27, 1998 and is headquartered in Brooklyn, NY.
CETXCemtrex Inc (NASDAQ:CETX) had a strong bullish candle in the last trading session with high volumes. The next key resistance lies at 1.56 EMA200. If a breakout happens we can see a target of 2.20. All key momentum indicators are in favor of an upward price movement. Long setup.
CETX LongBeen lounging in Accumulation for the year and forming a very nice bottom.
Business has been growing this year with sales of their Security system
And they still have their Smart Desk
Everytime it pops it cracks $2.50.
Good luck
2020 Revenue Increases 11% to $43.5 Million & 2020 Gross Profit Margin Increases 400 Basis Points to 44%
Received a $1 million order for a security technology system through its Advanced Technology Segment for a state-of-the-art video surveillance security system, including its Valerus software solution as well as cameras and related storage hardware, for a large correctional facility in the United Kingdom.
Vicon subsidiary released highly advanced updated Thermal Sensor models, a 360-degree surveillance solution that combines powerful high-end thermal technology with high-resolution PTZs (pan/tilt/zoom) for unparalleled perimeter protection in wide-open spaces like power stations, airports, corrections facilities, construction sites, and other secure facilities.
CETX Turning Point PossibleHey guys, A little gamble here that I am in. CETX has hit a resistance. This could be a turning point up or it could continue to complete a parallel pattern. Good luck out there wish you best
$CETX watching this low float stock for a whileThis has great potential to squeeze with the right news.. patience on this one.
CETX price touched strong support levelCETX price touched strong weekly support level. possibly long. wait for 123 pattern. I also watching this one .
Bitcoin Down Big, But OSTK Green. Massive Volume Spikes. LongThe fact that all the other bitcoin stocks are down says a lot about the strength of OSTK. Looks great for an entry today. Medium size, 1/2 -- now
Will be updating with more details
Short $CETXAll year $CETX has been dropping. It had a death drop and bounced which might be a good place to short once it starts showing red candles
CETX going up?Cemtrex is a small company (Market Cap 37 million) with the majority of shares (70%) held by insiders. It has a good return on equity and decent return on assets. The debt/equity is quite high, but quite normal for a growing company.
CETX GOING TO TEST THE NECKLINE FOR ONE MORE WAVE DOWN?CETX has broken an head and shoulders pattern and now it's bouncing back. Let's see if it is a test on the neckline area before one more wave down.
