Cera is on a bull run, chart indicates further rise in price!

9 Agu

Weekly Chart

• The stock has been experiencing a strong upward trend, consistently pushing its highs and lows to new heights.
  
• We've noticed that the bullish pole and flag pattern appeared twice in a row, indicated a solid presence of buyers in this stock.
  
• Recently, a breakout occurred on the weekly chart with high trading volume, suggesting that the price is set to rise again.
  

Daily Chart

• Following a notable rejection around the 9,600 mark, the stock experienced a considerable correction.
  
• The formation of a Double Bottom pattern signaled a reversal in the downtrend, leading to a robust upward movement.
  
• This impressive rally brought the price back to its former resistance level, but it struggled to break through, leading to a period of consolidation just beneath that threshold.
  
• In an unexpected turn, the stock gapped up and successfully surpassed its immediate resistance, maintaining its position above this critical level.
  
• With trading volume on the rise, there is a promising outlook for a significant upward surge in the stock price.