Get started
kerdirks

EBF Trending UP

Long
Ennis, Inc. (NYSE:EBF)  
kerdirks Updated   
NYSE:EBF   Ennis, Inc.
Gann Chart Patterns Trend Analysis
1
0
gann chartpattern trendanalysis
Recent quarterly earnings on the up tick.
On the last leg of the Cypher Pattern moving up.
Fib confirmed bottom at 72.8% (retrace) and 23.6% (extension)
Next leg confirmed at $16.35 (32.8% retrace and Gann Fan hit)
LT Target of approx $22
Enjoy every sandwich! EES ;)
Comment:
Lock clock work the price action is moving up the last leg of the cypher just as predicted; slow but surely. The 12/17 price action landed squarely on the Fan diagonal. I do not have a horse in this race but looks like a longer-term winner yet as we are still on the back stretch of the race.
EES ;0
Disclaimer

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.