NYSE:EMR Emerson Electric Company
Potential 2Down 2Up Weekly Reversal For EMR : Per the Strat, this week I'm watching ticker EMR (Emerson Electric Co) for a weekly entry trigger at 97.77 (last weeks high). If that trigger is met, I'll look for it to reach a magnitude of 101.30 (week before last weeks high). If it can reach magnitude, then it could also continue up to previous highs. Just look out for a reversal after the original 101.30 magnitude.