EHL 0.57% 88.5¢ emeco holdings limited

Clsoing at 74c is concern for me. It's a lower low after the...

  1. 345 Posts.
    Clsoing at 74c is concern for me. It's a lower low after the previous retarce which is signalling a strngthening downtrend. It also closed below its 200day wma which is a classic bear signal too. I caught the last move from 76 to 80c, will wait for upturn confirmation before re-entry. 71c and 66c next levels of strong support.
 
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88.0¢ 88.5¢ 87.5¢ $221.3K 251.5K

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