randomname11

Stock to watch: Emera Inc (EMA)

Long
TSX:EMA   EMERA INCORPORATED
TSX:EMA

An interesting stock for a swing trade: Buy/Sell Zones puts the price in the green zone + we may see a compression towards 0 Fibonacci. Analyst expectations for this assets are quite low yet historically this led to an increase in price.
Short-term Long targets are 0 Fib: 57.17 and previous high: 60.94.
Long-term target is 1 Fibonacci.
Invalidation: going below 52.66 - 52.00 (previous low) and anchoring there.

Disclaimer: This article should not be considered as financial or investment advice. Trading digital assets involve risk and may resolve in the loss of your capital. Always be sure to understand the amount of risk involved and do your research before taking any trading/investment steps.
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