Central Australian Phosphate (CEN)

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Central Australian Phosphate (CEN): Signals

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TECHNICAL ANALYSIS SUMMARY

Central Australian Phosphate: The current Fibonacci Extension levels are:
(23.61%) $5.04
(38.2%) $5.09
(50%) $5.14
(61.8%) $5.18

The current support levels are:
(78.6%) $5.24
(100%) $5.32
(138.2%) $5.46
(161.8%) $5.55
(261.8%) $5.92
(423.61%) $6.52



Fibonacci extensions are used in Fibonacci retracement to predict spaces of resistance and support in the market. These extensions involve all levels drawn past the basic 100% level they are frequently used by traders to determine areas that will bring in profits.

Calculation: Fibonacci Extensions:
1) Uptrend: D = B — (A — B) x N%;
2) Downtrend: D = B + (B — A) x N %;
3) Fibonacci Levels:
61.8%
100%
138.2%
161.8%
261.8%
423.6%;


PROFILE: Central Australian Phosphate (CEN.AX)


Stock Exchange: ASX
Company: Central Australian Phosphate
Ticker Codes: | CEN.AX | ASX:CEN |

About Central Australian Phosphate (ASX:CEN):

Contact Energy Limited generates and retails electricity, natural gas, and LPG in New Zealand. It generates electricity through hydro, geothermal, and thermal sources. The company serves approximately 567,000 customers, such as residential, small business, commercial, and industrial. Contact Energy Limited was founded in 1995 and is headquartered in Wellington, New Zealand.

Top 10:

Fibonacci Extensions

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