I am analysing stocks and please do not invest your money based off of my analysis , especially this one. This is an experiment.
EMMBI is resting not only on a fib retracement, but also on strong support. It has fallen close to 30%. And if the support is held, and we see a good bounce, 9% long position may be on the move.
As i said earlier the 180.95 support was broken and it went up close to 5%
Possible long entry