Maybe it's time to see emergent markets having a bull run again. Or it will be ruin? Your call.
1/1 line is a major Trend line Using the Fib circles the H&S pattern becomes more evident with the LS being rejected at the 1 level The H being formed at 1.618 and the RS being formed in the aftermath of the H formation I expect more downsides on this weekly timeframe until the strong support level is reached, which coincides also with the 1/2 Gann level
$EBS just broke out after earning results. I would wait a pull back before get in. 12 months Consensus Price Target: $90.14 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Emergent BioSolutions is trying to break $71.19. RSI is below the trend and volume is not enough yet to get over
My sugestion: Entry point: 37.07 Stop loss: 43.56 Profit target: 30.63