Century Aluminum Company
Viés de alta

CENX Broke 8.00 Price target 8.50 based on 1yr trends

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In both March and April of 2016, CENX has hit the 8.00 mark to later jump to 8.50 within 2 week's time. It is my estimate -based on these previous rallies and the upward momentum as of late that it will once again rally to this 8.50 price point. Be aware that I take this to be a short-term trade as within 1-2 week's time I expect it to fall at or below a 7.00 support price by August 31, 2016.

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