$10 held pretty well.. can EMES break $15 next?
After getting an almost 50% hair cut since announcing wider than expected loss on Feb 23rd 2017, EMES has formed a nice support at $10 and has made a $3 move last week. We expect some sideways action early next week and then price to test $15 along with Elasticity to flip positive to form a base around there before moving higher.
Additionally, EMES has a nice intraday range with flux above 7 on average and it moves within $.50 - $1 so lot of opportunities to trade this stock daily in addition to position trading.
Originally posted : blog.buysellshortcover.com/can-these-10-stocks-start-a-new-trend-next-week-ryi-ptct-kpti-ttph-ftk-emes-prtk-spn-wll-brs-04-01-2017/?src=tradingview
Additionally, EMES has a nice intraday range with flux above 7 on average and it moves within $.50 - $1 so lot of opportunities to trade this stock daily in addition to position trading.
Originally posted : blog.buysellshortcover.com/can-these-10-stocks-start-a-new-trend-next-week-ryi-ptct-kpti-ttph-ftk-emes-prtk-spn-wll-brs-04-01-2017/?src=tradingview
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