CE1 0.00% 0.9¢ calima energy limited

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  1. 3,390 Posts.
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    Once again at a critical juncture on the chart ...CE1 as I see it has had 3 major trading phases since consolidation of the shares back in July 2017....,1.the initial wedge/triangle range post consolidation, followed by 2, a false break up and a reaction low down (A-B) this move setting the back drop for a down trend and then retrace up to the 62% Fib at 062c..and then again 3, a down trend from the 62% Fib resistance and retrace back up to the new 62% Fib here at 053c...its been some very long sideways to down price action but with news finally coming in this might start to change...strong price action above 053c...would be very significant here imo....watching and waiting CE1.PNG
 
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CE1 (ASX) Chart
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