Very interesting chart for $ELDA. Multiple retests of the support, with a very strong recent rejection (3x volume spike). The support is also extremely close to launch price.
RSI bearish divergencies seem to signal that the support will be tested again very soon.
Another bounce might very well lead to a breakout of the current pattern and a breakout of the...
ELDA, which has been in a downward trend for a long time, broke the downward trend and entered the upward trend. A large bowl formation is formed. When the bowl formation is completed, it will go to the target as in the chart.
