kerdirks

EBF Trending UP

Long
NYSE:EBF   Ennis, Inc
Recent quarterly earnings on the up tick.
On the last leg of the Cypher Pattern moving up.
Fib confirmed bottom at 72.8% (retrace) and 23.6% (extension)
Next leg confirmed at $16.35 (32.8% retrace and Gann Fan hit)
LT Target of approx $22
Enjoy every sandwich! EES ;)
Comment: Lock clock work the price action is moving up the last leg of the cypher just as predicted; slow but surely. The 12/17 price action landed squarely on the Fan diagonal. I do not have a horse in this race but looks like a longer-term winner yet as we are still on the back stretch of the race.
EES ;0