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
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...
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
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.
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.
