Long
Go long with Echelon Financial Holdings
This is my first post and I am 16, so I am open to criticism.
I think EFH is rebounding of a strong support and is out of a trading range.
I have also indicated using Keltner Channels that the stock is undervalued at the moment. I have kept 90% of the candlesticks between the channels so that a much safer decision is made.
MACD shows us that the weekly trend is positive to go long.
I bought EFH at $12.10 and feel it will make its way up to at least $14 in a few weeks.
I went in when the daily elder force index and stochastic indicated the stock was oversold.
I think EFH is rebounding of a strong support and is out of a trading range.
I have also indicated using Keltner Channels that the stock is undervalued at the moment. I have kept 90% of the candlesticks between the channels so that a much safer decision is made.
MACD shows us that the weekly trend is positive to go long.
I bought EFH at $12.10 and feel it will make its way up to at least $14 in a few weeks.
I went in when the daily elder force index and stochastic indicated the stock was oversold.
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.