TSXV:CKG - Post Discussion
Post by
HuberPeter on May 23, 2021 11:57am
Chart technique
MA 50 (50 day average) crossed upwards MACD turned bull breakout with nice volume at 4.15
RSI resistance to the upside broken
resistance at 4.40 cad broken
CONCLUSION:
Many indicators have turned to bull. The strong resistance at 4.40 cad now becomes a support. The chances are good that the resistance in the area around 4.65 cad can be broken. A start-up on the MA200 at 4,98 cad is then likely.
Peter
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