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Marty386
Sep 20, 2017 2:34 AM

ELS - Pennant breakout looming? Long

ELSIGHT LIMITEDASX

Description

Very nice pennant has formed on ELS. could be set to breakout, volume today is looking ok, would want to see a bit more by end of day.
Pennant target of about 40c, FA strong also.

Comment

ELS following through on the pennant breakout, volume higher than Friday. Look for another strong day tomorrow with even bigger volume.

Comment

ELS back-tested successfully the breakout point. Not heading upward again.

Needs to crack through 30c on volume now
Comments
Marty386
ELS pennant looks to have broken out, look to early next week to confirm with good volume.
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