MegaTradie

Break of consolidation

Long
MegaTradie Updated   
ASX:ELD   ELDERS LIMITED
See chart
Large volumes at the lows
Break of consolidation continue in uptrend possibly
Trade active:
Bullish
Made higher high
Held and cLosed above the 100EMA

Daily volume is a little light.
There’s not a lot of resent resistance up the 8-8.20 mark. Also a gap fill.
Comment:
Terrible looking candle

You do have to wonder why a broker initiates coverage and gives an instant down grade!!

Still holding, see what tomorrow brings. Probably looking for an exit.
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