With the impact of the COVID-19 pandemic far from over coupled with increased QE from the Fed I think Centamin´s recent decline is definitely overplayed.
We saw a moderate bounce of a major trend-line support and I will be buying once the dashed minor trend line is broken. I expect either the green or the blue direction to play out with a target around 140, a nice 10%+ gain.
Break of the major trendline support would invalidate.
We saw a moderate bounce of a major trend-line support and I will be buying once the dashed minor trend line is broken. I expect either the green or the blue direction to play out with a target around 140, a nice 10%+ gain.
Break of the major trendline support would invalidate.