CET.TO Cathedral Energy (TSX) jumps to C$6.30 intraday: high volume signals short-term interest
The CET.TO stock trade exploded intraday to C$6.30, up from an open of C$0.89, on 283,250 shares traded which is 4.74x average volume. We see a dramatic volume surge on the TSX in Canada that pushed the day high to C$6.30 and lifted market cap to about C$218,918,070.00. This report breaks the intraday move into technical, fundamental, and risk perspectives to help traders assess whether the surge is momentum, news-driven, or a transient short-covering event.
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