Tuesday, May 6, 2014

Century Pacific Food, Inc. (CNPF) - May 6, 2014

Technical View
One Minute Chart
> Century Pacific Food, Inc. (CNPF) opened at P15.50 per share and hit as high as P16.04 (16.7%) before closing at P15.20. The company's closing price was up 10.5% from its initial public offering (IPO) price of P13.75.
> Check  the Evening Doji Star after reaching 16.04 high.
> Looks like a Possible Bearish Gartley Harmonic Pattern was forming with PRZ at 15.80.
> Support at 15. Resistance at 15.25 (23.6% Fibonacci Level), 15.40 (38.2% Fibonacci Level), 15.52 (50.0% Fibonacci Level) and 15.64 (61.8% Fibonacci Level).
> RSI is currently at 28.47 (Based on 30-Day period).



















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