Southcoast27

EGR - Break of consolidation

Long
ASX:EGR   ECOGRAF LIMITED
Break out of sideways consolidation after price action tightening of late.
Significant Increase of volume on the 16th of July indicates a confirmation.
Back testing displays that the price has moved up significantly after a similar consolidation in previous years.
Price now above all significant EMA's.
Entry - .725

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