ELA outlook
Trend:
Above 50,100 and 200 EMA
Positive ADX, DI above 20
Trend seems to be strong
Macro outlook:
Speciality retail
Engaged in re-commerce business i.e. reselling previously-owned products as whole goods, or recycling items’ components/ materials for reuse
Recommendation:
Wait for price to cross above the resistance @ 7.46 for an entry
Above 50,100 and 200 EMA
Positive ADX, DI above 20
Trend seems to be strong
Macro outlook:
Speciality retail
Engaged in re-commerce business i.e. reselling previously-owned products as whole goods, or recycling items’ components/ materials for reuse
Recommendation:
Wait for price to cross above the resistance @ 7.46 for an entry
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