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AsimMirzaTrader

CEN - Bullish Trade Plan

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CONTACT ENERGY LIMITED (ASX:CEN)  
AsimMirzaTrader  
ASX:CEN   CONTACT ENERGY LIMITED
Trend Analysis Chart Patterns Wave Analysis ASX asx200 asxlong asx200long
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trendanalysis chartpattern waveanalysis asx asx200 asxlong asx200long
CEN looks good and ripe for a move higher because of the break of the Bearish Trendline with High Volume and the bounce off the POC of Volume Profile and the 200SMA. MACD has got bullish too and maybe we shall see it continue to go higher. My target for this trade would be $7.40 level which could be a potential 13% gain.

TP - $7.40 (Potential Gain 13%)
Stoploss - $5.97

Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

Penafian

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