EHL 0.00% 87.5¢ emeco holdings limited

ehl about to breakout up on charts , page-14

  1. 1,450 Posts.
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    I posted a chart back in Nov.13(see "http://hotcopper.com.au/post_threadview.asp?fid=307&tid=2084105&msgno=27666#27666") and the following chart is an updated version of that same chart. Sure, my low risk high return probability mentioned then didn't eventuate(we simply just didn't get the confirmation needed to enter ATT) BUT the then perceived bottoming pattern has now changed somewhat without being invalidated and has now lengthened in time and that means potentially better off(in terms of potential 'power').

    We now have three higher lows in place and as of today a higher high and my favoured CCI50 seems to be liking this move as well.

    Second chart is a 4_Hrly A.P. chart to support my S/T bullish viewpoint at the moment.

    I'm guessing value just above 30c should really 'excite' the followers and then that mid 40's initial target zone should come into play sooner rather later.



 
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87.0¢ 88.0¢ 86.8¢ $440.9K 505.1K

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22 17033 87.5¢
 

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Price($) Vol. No.
88.0¢ 29918 8
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Last trade - 13.56pm 29/11/2024 (20 minute delay) ?
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