Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.
There is bearish rsi divergence here. Price is rising as RSI is falling. Last time this happened, it corrected down below white line 200 ema.
As for price action analysis, we're currently at a major resistance area. I see us bouncing off this level,...
Long term trend line is nicely supported and also just penetrated the medium term down trend line. Now there should be more accumulation to correct the short term up move.
I the price stays outside the med term trend line to correct then there should be next sudden movement up to the level.
