Monthly chart setting up nicely. Still some work ahead to clear the 200DMA. Big upside above that. My guess is that this doubles this year to around 35-39
I see multiple bottoms for Embraer. based on my findings, I believe ERJ has strong potential to bounce up again by mid october
ERJ recently announced their earning reports which showed to be much more negative than expected. Even as price started reaching up towards the 2.618 fib level we start to see selling volume pick up. Initially I was just aiming to look at the 10% retraction but we saw that just before earning report. We are seeing continued negative push starting the week to the...
ERJ | Long | 26 Sep 2021 Entry: 17.51 TP: 15.65 SL: 18.23
In addition to $RADA $TXT, here is $ERJ from the same industry group (Aerospace & Defense) also setting up a a nice low cheat or a small inverse head and shoulders base
I got in on some futures of this back in march or april should i roll over into another play? or stick it out with $ERJ and not close? im going to decide after the premarket activity cools down but its lookin strong still considering the economy is opening up more and more
Embraer one of the most technological companies in Br has got trend up.. for moment buy
Watch to the break to the upside on the 200. Last Airline space company to follow suit. GLTA
The "steaming bowl" is holding a cup w/ handle that has a bullish Gartley pattern. I predict after the Gartley it'll hit $8.00, after cup w/ handle $11.50, and after bowl $16.50. Volume has been holding steady at around 12M with a high of 35.88M during the formation of the bowl, after the COVID drop.
ERJ has been on a bull run of 5.07 to 7.09 within a month. 2.18.2020 DROPS from 17.83 due to COVID. Will it resist at 17 in 2021?
Airplane industry at this moment is weak and we only can be looking for Longs next Year or IF embraer Grow UP profits
Por el momento reconoció el 61.8 de fibo del ultimo impulso alcista, si termino la corrección, podríamos pensar en una posible onda 3 al alza. Hay que ver si sale para arriba o no, papel muy golpeado por el Covid-19. Veremos como sigue desarrollándose a lo largo de la semana, para seguir de cerca.
ERJ is retesting a trendline drawn from back in May. Price has broken down underneath and is now testing previous support levels.