CPG spiked after touching all time low last week

Good price rally by CPG as it went up by 5.74% to reach 1.29 per share. Highest price today was at 1.30 Heavy volume was seen at 1.27 to 1.29 price range. Will there be a continuation tomorrow? On our chart we could see that the 23.6% Fibonacci Retracement level is quite far from where we are now which may act as resistance but I think the 20-day SMA line that may be touched by CPG this week will act as immediate resistance.

Caveat!

5 Responses to CPG spiked after touching all time low last week

  1. […] 20-day SMA line that may be touched by CPG this week will act as immediate resistance. Caveat! CPG spiked after touching all time low last week Reply With […]

  2. Ele Mo says:

    nindota ani….. naa ka CPG sir Felix T. Gomez Jr.?

  3. Felix T. Gomez Jr. says:

    oo naa ko ani

  4. […] at the 20-day SMA wherein we thought will be the immediate challenge before it did a rally (CPG spiked after touching all time low last week). Is CPG just consolidating or its going to […]

  5. […] at the 20-day SMA wherein we thought will be the immediate challenge before it did a rally (CPG spiked after touching all time low last week). Is CPG just consolidating or its going to […]

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