Manifested

ERN Cup and Handle Play

Long
AMEX:ERN   None
Albeit not the cleanest C&H (v-bottom), it is holding true on the 0.5 fib line right now. This makes for a low risk stop-loss (around $5.45) since this would invalidate the pattern. The C&H PT is roughly $6.75 and the 1.618 fib extension is $5.75.


*This is not intended to be trading advice, and should not be taken as such. You should do your own analysis and trade based on your opinions formed individually*

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