Bullish potential detected for EDV

Nov 30, 2025

Entry conditions:
(i) higher share price for EDV along with swing up of indicators such as DMI/RSI, and
(ii) observing market reaction around the $3.71 resistance area.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the recent swing low of $3.57 of 10th November, or
(ii) below the recent swing low of $3.45 of 14th October.

Dec 6, 2025

Trade active

UPDATE (week ending 05-Dec): Trade activated on Monday 1st December and Tuesday 2nd December according to entry conditions noted above. Stops can be followed in accordance with that prescribed above or followed along with the 20 day MA.

Dec 13, 2025

Note

UPDATE (week ending 12-Dec): For those traders/investors remaining in the trade, price action for EDV this week tested the recent swing low of November and ended the trading week back above the $3.71 resistance area. Consider this test of the recent swing low a 'first (and final) warning' and an indication to raise protective stops considerably in accordance with the 20 day MA from this point forward (i.e.: a point slightly behind $3.68 at this stage).

Dec 21, 2025

Trade closed: stop reached

UPDATE (week ending 19-Dec): Suggested stop discussed in last week's comment was hit during the week, so weakness in the stock price performance persists. Time to move on and look for the next possible trade.