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Priddy23
May 2, 2018 8:30 PM

EGC Hammer time Long

Description

Bit of a stretch for me but patterns tell stories sometimes. So the basis of this long call is the formation of a hammer above the BB SMA. This is telling me the possibility of incoming volume. Since this is on the day chart I am a little more bullish on this signal than if it was on a lesser time period.

I do not have a real good Idea of a target yet but my best guestimate would be around .0004 SAT.

Note -- I am a little concerned with the lack of volume in the past months. Even with our bull traps the volume has never really risen well. IF we actually do get a lot of volume coming in this could moon.
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