ELS breakout confirmed
Breakout now confirmed after a backtest, technically behaving very well, just needs a volume kick into 30c
Note
ELS continues to respect the upper pennant line, bounced off it today, still bullish action.Note
ELC tagged the recent high of 32c before a slight pullback, not unexpected. Will consolidate here for a bit before another attempt at breaking through 32c.
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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.