CENX our Free Stock Pick for Fri Dec 3rd 2010  RSS

by Sinisa Persich, TraderHR.com, Fri December 3rd, 2010

Century Aluminum Co. (CENX), which had a strong bullish uptrend in September, has since consolidated in the last two months, creating a rising wedge whose upper trend line is now ready to be broken. If that occurs CENX could easily reach the April highs around 16.00, with my secondary target in the 18.00 area.

Preferred entry (buy stop) price is at $15.10, with a stop loss at $14.40. See our Trading Rules page for more detail.