Mini breakout of short term resistance at 44. There was good support at 42 for the last few weeks and increased volume on the last two days has resulted in a mini breakout.
The next breakout is at the new resistance at 46 which also coincides with the downtrend line. A close above 46.5 will confirm the breakout.
Textbook breakout then retrace to the previous resistance (new support). We now see the next level of resistance at 56-57 has been broken. Looking for a break of 60 as the seller depth has thinned significantly.
Breakout of decending triangle to the upside. If 53.5 holds on close we have a breakout. THe MACD is turning around and WMAs have switched back up. Looking very bullish here.
Another breakout from the weekly chart downtrend, looking very bullish with the spring this week. WMAs starting to pitch up again this is setup for a strong move from next week IMO.
Might be worth a look.
Elsight limited is engaged in providing ground-breaking hybrid (on-the-move or fixed) video/ data capturing, recording and transmission for various real- tactical security and surveillance purposes/applications. Its products include wearable and portable devices, vehicle mounted and fixed/wall mounted devices, including RiderM-04 mobile...
Very nice pennant has formed on ELS. could be set to breakout, volume today is looking ok, would want to see a bit more by end of day.
Pennant target of about 40c, FA strong also.
