Bull Flag Breakout Setting up for Aluminum Player
Century Aluminum (CENX) shares are coiled tight and closed strong Monday in a sluggish market as prices closed just above monthly value area at 11.22 and MACD nearing a bullish cross higher as a breakout trigger for a move to 12.20 likely the first target above being a VPOC from last summer. CENX is also trying to advance out of a longer term inverted head and shoulders on the weekly chart which has a measured move clear up to 17.00.