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Lowest Lows for Embraer
Embraer S.A.
Short
Lowest Lows for Embraer
By fabioac
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Updated
May 9, 2020
7
1
1
Apr 27, 2020
Foresee an even lower low for Embraer
ERJ
as per the trend/fibo projection.
– Stock below moving average;
– Fibonacci levels past 100%;
– Downtrend without reverse signal;
– High Volume;
If below 5.81, it may test new supports at up to 3.50.
If above, it may try to keep oscillating below 7.80 and maybe 9.11 until regaining force; RSI is currently too low;
May 9, 2020
Trade active
Positioned with an average cost/share of $5.01.
EMBR3
embraer
ERJ
Fibonacci
Moving Averages
Volume
fabioac
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