Stock: CEB
Company: Cebu Air Inc.
Support: 49.00 / 45.00
Resistance: 55.00 / 66.40
About to retest its vital support level at EMA200 (49.00).
The stock is attempting to punch above its key resistance level at 55.00 to confirm its bullish pattern of rounding bottom.
Recommendation
If pattern would manifest, buying on breakout might be a viable trading action.
