EMSTEELBull market in metals underway.
Wave 1 was 2020 to 2021/2.
Wave 2 was 2022-2025
I think wave 3 has started which should be at minimum a move to the all time highs.
+610%.
Do you really want to be in tech right now? Or be sensible and pick a market very likely starting wave 3 of a bull market.
EMSTEEL trade ideas
Possible scenario for Emsteel provided doesn't close below1.26There might be possibility that Emsteel reaches the area near the green lines so it can be suitable to take two quantities around the two green lines and sell them if the price reaches 1.36 with average profit for both quantities around 5%
The scenario fails once the price closes below the (stop loss) red line 1.26
EMSTEEL doing a good recoverybut is it at a good entry point ?
It looks like its slowly moving up the ladder and at the moment at the bottom of its movement
Based on the current trend and following simple support resistance its at a good support level which has been tested multiple time and now it has room to run as predicted in the chart
Trying HardIts been trying again and at but its not able to close above the resistance of 1.35 today again bulls showed some power and took the control. In order for this stock to turn bullish we want to see a solid green candle close above 1.35 so that it can continue the momentum for the coming week.
Hit like & follow guys ;)