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Gann-Mode
May 16, 2020 7:01 AM

EFOI - Near Potential Explosive Upmove Long

Energy Focus, Inc.NASDAQ

Description

NASDAQ:EFOI

All information on chart

Happy trading!

Comment

Comment

EMAs broken, showing bullish strength as well as the flag on the 4-hour timeframe.

Comment

CORRECTION: WEEKLY CANDLE HAS,NOT, YET CLOSED DEFINITIVELY ABOVE THE 50 EMA. I however believe, it certainly may 👍

Trade active

Trade closed: target reached

1st Target Reached

Trade active

Three more price targets

Trade active

Trade active



Target 2: Reached
See chart, May hit resistance @ $1.50 level before reaching Target 3 @ 1.73

Comment

Target 3: Reached

Trade closed: target reached

1-5 Reverse split launched EFOI beyond estimates.
Comments
hope.bleecker
NICE
ejherring
Did you hold on to it?
Gann-Mode
@ejherring, I have no idea what's happening with the chart now, the past data is changed now from the last week or so...
Gann-Mode
@neubenjamin, Sadly, no, was going to buy back in after the pullback..
1-5 split is what happened.
zAngus
Good call. I have no idea what’s happening on your charts though :)
Gann-Mode
@Angusmck, Thanks man! Sometimes my charts appear a little crazy, but once you get used to using these tools you have an eye for their importance. I mainly us Gann and Fibonacci analysis with Oscillators and Support and resistance drawn in. Gann tools are a really helpful addition to anyone doing their own charting, they provide another layer of market support and resistance. :-)
SystematiX
It's looking to keep climbing! Good call.
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