Very nice pennant has formed on ELS. could be set to breakout, volume today is looking ok, would want to see a bit more by end of day.
Pennant target of about 40c, FA strong also.
Pennant target of about 40c, FA strong also.
Note
ELS following through on the pennant breakout, volume higher than Friday. Look for another strong day tomorrow with even bigger volume.Note
ELS back-tested successfully the breakout point. Not heading upward again.Needs to crack through 30c on volume now
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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.