Good Evening! This is a brief analysis for
EEM
! Keeping it simple, we're sitting nicely in the middle of our long term support and resistance. The trend-line verifies that. It's been a little shaky coming off our high in mid-January, but the bulls are back at it and hey they even made a flag. :) I'll give it 10 days at the verrrrry most for us to hit breakout at $50. We'll hit $52 within a month and probably retest that level a few times before breaking out and hitting $53 by mid-May.
This has been an educational only analysis by nmholtgraves!
EEM
! Keeping it simple, we're sitting nicely in the middle of our long term support and resistance. The trend-line verifies that. It's been a little shaky coming off our high in mid-January, but the bulls are back at it and hey they even made a flag. :) I'll give it 10 days at the verrrrry most for us to hit breakout at $50. We'll hit $52 within a month and probably retest that level a few times before breaking out and hitting $53 by mid-May. This has been an educational only analysis by nmholtgraves!