BURSAMASTER BULLSEYE

CANONE (5105) : RESISTANCE BREAKOUT AT 4.46

BURSAMASTER BULLSEYE
Publish date: Tue, 23 Feb 2016, 11:59 AM
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CANONE (5105)
Chart Analysis
An important development took place on 22 February 2016 where the price of CANONE broke the resistance of 4.46. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout. 

 

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