LONG Opportunity Inside a Bearish Flag for ED
Inside a bearish flag, where I see prices decline in the long term, I am seeing an opportunity for a long position which will bring ED back to the 23.6% retrace of 2012 highs. Long here with a target of $58.14 and a stop level at $56.10.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.