Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Tuesday, May 24, 2016

Cebu Air Inc #CEB

CEB Daily Chart
NOTES:

  • Main trend: Bullish
  • Short term trend: Uptrend
  • Seller's area: 93-95
  • Buyer's area: 89-92
  • Price moving in uptrend channel
  • Former resistance (92.45) now become the new support level.  However, since ex-div date is coming next month (June) there's a probability that some will sell. Price may return at 89 support level(next support level at 86.)


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