LDC870

ERF - Multiple TA Signals to go LONG

Long
NYSE:ERF   Enerplus Corporation
1. Bullish engulfing candlestick on Friday (a particularly bearish day for market)
2. Recent crossover - 7-day JMA crossing up on 10-day DWMA
3. Upward trend line held support on Friday (although this is a weaker signal because, although trend line starts January 2016, it was only established when bottom was reached on 10/30/18)
4. Impending price momentum crossover on signal line and crossing up on OS line
5. Impending RSX crossing midline
6. Recent MACD crossover
7. Two gaps above that need to be filled