Showing posts with label CEB technical analysis. Show all posts
Showing posts with label CEB technical analysis. Show all posts

Friday, December 2, 2011

Investing in Cebu Air, Inc. (CEB) – A Quick Techincal Analysis


In addition to my previous post on Cebu Pacific Airlines, I’ve added a quick technical point of view on the matter below. 

Even though my previous post indicated some positive factors that you may consider in your evaluation of CEB, the charts may tell us otherwise. According to the lines drawn above, CEB for the past year has been following a downwards trend with no broad signs of any long term reversals.