Stock: CEB
Company: Cebu Air Inc.
Support: 49.00
Resistance: 55.50


  • Exhibit a strong breakout on its ascending triangle pattern.
  • Has a potential to mimic its previous parabolic rally.
  • Strong upswing momentum backed by high volume.

Recommendation

  • Trading buy.
  • Target price: ATH at 69.80.
  • Stop loss level: If falls below the breakout point of 54.00.

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