I'm no chartist, however from what i can see, EMS has had 3 attempts at forming a cup and handle formation over the last 12 month.
Attempts on 10/11 & 6/3 failed to form a handle and the sp fell away. Early days ATM, but it looks like we've started forming a handle this time around (fr 13/8).
If price can be maintained between 1.9 & 2.5 over next few weeks, I would then expect a solid (50 to 100%) breakout above 2.5.
Maybe there's some hope for us after all.
She's a definite hold ATM. Goo luck.
EMS Price at posting:
2.2¢ Sentiment: Hold Disclosure: Held
