CBX CHART ANALYSIS

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Price has broken my 12p resistance and retested to form a new support level. My next level of resistance is at 13.5p Price looks to be moving upwards in an ascending channel and has finally broke the 200EMA. Price may consolidate between SR levels now but if it breaks the 13.5p resistance we can expect the price to continue moving upwards and possibly retesting the 13.5p level to form support.