EMMBF Emblem Corp, OTC. Possible bounce?
Updated
Keep it simple.
Let me start out by saying I do not like this chart, or the data provided with it for the past 2 years. The bottom is not exactly seen yet confirmed.
Assuming we found the bottom, we could have a short bounce play here. Ive labled the sell zone accordingly.
I see buy signals, momentum swing bullish, and a end of wedge pattern forming.
Theres not much else I want to say about this, will have to see it play out more.
Happy trading, debating and speculating!
Let me start out by saying I do not like this chart, or the data provided with it for the past 2 years. The bottom is not exactly seen yet confirmed.
Assuming we found the bottom, we could have a short bounce play here. Ive labled the sell zone accordingly.
I see buy signals, momentum swing bullish, and a end of wedge pattern forming.
Theres not much else I want to say about this, will have to see it play out more.
Happy trading, debating and speculating!
Trade active
just an update. in the buy zone hard for the last few weeks, coming up to the end of wedge. Trade closed: stop reached
Like i said from the start i didnt like this chart, and have been stopped out. I had a very small amount I was playing with here, so no loss. I will say I have a weird feeling this is going to do something upward, but im no where near confident in this ticker to continue to chart and play with it. It has reached a new low. Dont discard the short squeeze on every time frame...
Note
and it goes up 8% today, like i was saying I thought it would do something weird. anyways Ill stay away from this either way.Trade closed manually
Even though this has seemed to potentially be in play, im going to stop charting this either way. Not invested in this one anymore. just wanted to post. check out my other charts!Trade active
it seems as though this chart has followed through, even though I had a lack of confidence in it.
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