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MegaTradie
Aug 8, 2023 5:48 AM

Break of consolidation Long

ELDERS LIMITEDASX

Description

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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