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ronenviz111
May 17, 2022 4:59 PM

Pivot point which might indicate a bullish burst Long

Encore Wire CorporationNASDAQ

Description

The stock is in a long uptrend and in my opinion has a good chance of breaking out from this cup and handle pattern. That's only my opinion and I'm not advising anyone to try it. Tell me what you think in the comments
Comments
samspade73
I concur, both from a TA and fundementals perspective. There's a lot to like here. Forming HHs, HLs and holding up well despite headwinds of overall market. RS: 95. EPS: 99 . Commercial and residential building is still booming. You might also consider BECN. Just my opinion. Cheers,
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