theitgod - IF it breaks the 42, I would just stack another equidistant reaction line up for the next resistance level, which would take it to 47.5c. But lets get out of the 30s first. I actually pocketed a quick 10% today to enter another position I'd been stalking for weeks. Nothing against CER (its my favourite stock I don't own), It was just a safe place to park some money while I waited for my buy signal on another trade. I expect it to go to 36.5 ST - but I suspect it may try to backtest the 31c first. In which case I may re-enter. Good luck all but I was just passing through.
CER Price at posting:
33.5¢ Sentiment: Buy Disclosure: Not Held