May. 26 at 7:48 PM
$CETX Cemtrex is trading around the
$0.87 area, right inside the current accumulation zone of
$0.78–
$0.96. After a long downtrend, the chart is starting to show a potential base, but the key now is volume.
Technical levels to watch:
✅ Accumulation:
$0.78–
$0.96
✅ Reaccumulation:
$0.96–
$1.10
✅ Breakout trigger:
$1.10
✅ Major resistance:
$1.38–
$1.74
✅ Target zone:
$1.95–
$2.19
The bullish catalyst? Cemtrex’s Vicon subsidiary just secured an approx.
$2M U.K. correctional facility security deployment order, expected to ship this quarter.
That matters because it highlights:
* Institutional/public-sector demand
* Valerus platform adoption
* International channel strength
* Security surveillance revenue opportunity
* Management focus on sustainable, profitable growth
If CETX clears
$1.10 with strong volume, the chart could shift from base-building into a momentum reversal setup.
Communicated - Disclaimer:
https://fh.bio/jcoop
Sector Peers:
$AXON $MSI $VRNT $SSTI
