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.buysellsho...brs-04-01-2017/?src=tradin...
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.buysellsho...brs-04-01-2017/?src=tradin...