EL Daily Analysis - 25 April 2018
Despite having volatility on US Index (SPX or DJI) - which shown at the Orange Box. This stock seems having a strong support at the 20EMA.
On top of that, according to the trend line that drawn on the chart, the recently drip seems breaking the trend line and fall stay above 50EMA. By right, for those who holding this stock, you should either hit with your TP, or you shift your SL (Long Term Trader).
On top of that, according to the trend line that drawn on the chart, the recently drip seems breaking the trend line and fall stay above 50EMA. By right, for those who holding this stock, you should either hit with your TP, or you shift your SL (Long Term Trader).
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.