ERI showing Daily Ascending Triangle
ERI was in a strong weekly bearish trend and may have found some support on the Monthly time frame. In the Daily timeframe, the stock is building an ascending triangle.
The most noticeable thing so far is the last strong volume bar that may lead to a strong breakout.
A breakout and a re-test should be observed before going long.
The most noticeable thing so far is the last strong volume bar that may lead to a strong breakout.
A breakout and a re-test should be observed before going long.
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