Breakout Alert 11: $CEI

On September 27, 2017, $CEI broke out from its previous 52-week high of 0.255/share, with above-average volume. It formed a beautiful cup and handle pattern which made it look more attractive. For me, this is one of the most beautiful charts I've seen. Its current exit price is 0.247/share. Buy above exit price, sell immediately when it falls below.

Pro(s):

• Trending up since 3rd quarter of 2017.
• Gross revenue, net income, and net profit margin for the 2nd quarter of 2017 grew by 28%, 558%, and 458%, respectively (based on its 2nd quarterly report). Formula used: ((Current - Previous) / |Previous|) * 100.
• Formed a cup and handle pattern.

Con(s):

• None.

CAVEAT EMPTOR