EMAN should "in theory" act as MVIS did during is run up. Looking for a test of the spring in the next few months or a continuation of the chart below
$EMAN Go Long! Note: If it breaks the $5.8 resistance it will go up more.
Fib level target is the 1.618 level or approx. $5.87. Although showing weakness in the RSI, It could be bottoming at in the neutral area and still holding its weekly upward trend line. As long as the trend line holds and the daily support zone holds we could reach our target before next earnings.
Just posting now but I've opened a position at $4.20 on Feb 18. Yes $4.20. Apple has rumors that they may be releasing screens up to 240Hz Dsiplay. Via: EverythingApplePro & macrumors.com. . Showing great support over time. Uptrend since mid-December 2020. . This is ain't no financial advice foo! Do your own DD.
AMEX:EMAN If you missed previous opportunity you have another one. Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100% * It's a good buy opportunity right now, and it's ready to fly soon.
AMEX:EMAN Possible Scenario: LONG Evidence: Price Action This is my idea and could be wrong 100%
Waiting for bottom to be confirmed but looking good overall.
Taking a long on $eman looking for a trend reversal. Slightly aggressive on the entry. One can wait for a 4hr or daily trend change if desired. I defined my risk based on the 2 hr chart. TP levels indicated.