EFI Fundamentals are good, the team behind the project is solid. T.A is showing a good opportunity on Efinity.. Entry between 0.33 & 0.38 STOPLOSS 1 DAY CLOSE BELOW 0.32 Tp1 0.54 Tp2 0.62 Tp3 0.69 Never use more than 5% of your portfolio on a trade.
EFII seems broken out of a triangle formation and money flow increased nicely. However it has a strong resistance overhead. If it can break the resistance, it will break the 200 days moving average as well & it should continue upward. We are keeping it in the watch to see if it can break them. * Trade Criteria * Date First Found- May 7, 2018 Pattern/Why-...
There are 4 main signals for bulls' movement within rising channel: 1-v bottom 2- two double bottoms 3- flag with breakout 4-wide-diapason upbar with high volume Buy current price 43.80-44.00 Target 50.00 Stop loss 42.62 (low of current fractal) Risk/return ratio 1:5