Wednesday, April 26, 2017

CEB price action update

Cebu Air, Inc.

After the recent breakout from a Double Bottom pattern, it's now near its breakout projected target price around 110.

See previous analysis:
https://psetrends.blogspot.com/2017/04/ceb-price-action-analysis.html

Trading Plan
- Scale down position or take some profit as it hits the target (technically hit already).
- Profit run the rest of the position with trailing stop.


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