hlncapital

$ELS on cusp of breakout at 46

Long
ASX:ELS   ELSIGHT LIMITED
Mini breakout of short term resistance at 44. There was good support at 42 for the last few weeks and increased volume on the last two days has resulted in a mini breakout.

The next breakout is at the new resistance at 46 which also coincides with the downtrend line. A close above 46.5 will confirm the breakout.


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