EME serves as an instructive case for two main reasons. First, entering the position required multiple attempts, with initial purchases on November 27th proving premature, leading to exits on December 21st and January 2nd at minor losses. A successful re-entry was made on January 18th, marked by a orange bubble, with an additional purchase on January 29th. Given...
On Monday we have left the sideward movement and begun a short term uptrend. Yesterda's rise has been corrected now and we may continue rising now.
Shares of Emcor Group approach the level of $40 for the third time in six month. The third approach is important for the market. If it closes below $39, prices will quickly reach the level of $37. t should be borne in mind that when price will be above $41.5 on the RSI chart, falling trend will be broken out and reversal pattern will shape up, as a result shares...