CERE 15 minute March 3rd
CERE has now taken out the 0.40 resistance level with big volume now coming into the stock while up 26% on the day so far. T1 (0.47) likely to be hit soon which I have decided to keep as the official final target.
For those that want to shoot for the potential (unofficial) target of 0.71 (actual resistance at 0.75), consider raising stops to protect profits at this point. Exactly where to raise stops would depend on your average cost and personal trading style but a stop slightly below the bottom of the pennant formation is an objective area.