I like EML fundamentally, and the chart looks bullish. However, I'm hesitant to get in on this one as the bullish C&H pattern inside the trend suggests the run up could be slowing.
Comment:
Despite todays solid report of 25+% revenue growth and 65+% profit growth we see a 13+% pullback. Technicals suggest Long term trend still in play.
Order cancelled:
Long term trend line has broken. Techincally breaking down.