Reasons for bullish bias:
- Price gave breakout of ascending triangle
- Price moving in bull trend
- Targets till projection
Entry Level: 109.00
Stop Loss Level: 90.31
Take Profit Level 1: 127.69
Take Profit Level 2: 162.52
Take Profit Level 3: Open
NYSE:EMR
Head and Shoulders Pattern: The chart appears to be forming an "Inverse Head and Shoulders" pattern. This pattern is generally considered a bullish reversal pattern that signifies a change in the trend from downward to upward.
If Emerson Electric Company's stock price surpasses the bullish line located roughly at $97.19:
Bullish Target Price 1:...
Currently been in the works of planning and creating my potential long term trading position for #BTC. After doing numerous technical analysis throughout the last 2 months I've came to the conclusion we've slowly been transitioning from the 2 year downtrend (we just broke resistance at 10k) but then that death candle appeared out of nowhere. That was a stop hunt...
