ERES LONGWeekly chart of ERES
Just broke the downward -channel since 2021-
First goal 1.08 - 10.7%
Second goal 1.22 - 25%
Third -VERY LONG TERM- goal 1.89 - 93%!!
ERES trade ideas
ERESI think the fuel driving the Ezdan movement is starting to fade in this area and needs to be recharged.
QSE:ERES
EZDAN HOLDING GROUP, Weekly Expected long entryAn upward move is expected as the price moves within this channel, supported by the ascending trend line from which it bounced, Price targets the marked lines on the chart.
Waiting for the increase in trading volumes to give a clear signal for entry.
Seems last call for buyers is nearA clear impolse has done last August after rebounding from July bottom
Seems we're near to start a new impolse from 1.08-1.11 area
Let's see!
ERES LongHigher High and possible break-out above descending channel.
Head & Shoulders Pattern Goal: 1.715
erseThe stock is moving in a corrective range ....The stock is moving in a correctional range. I think it's closer to getting up
ERES (QSE) - If break, Bullish continueHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
ERES - If break, Bullish continue
Ezdan .megaphone PatternEzdan = As we note in the chart below, a bullish trumpet is still going inside( Megaphone Pattern) , and because we are talking about a reversal pattern, this means that if the price breaks it down, we will see a strong downward wave
This scenario can be canceled by breaching the descending channel (in pink) on the condition that it exceeds 1.835 in high trading at least two sessions
Good luck traders
Ezdan - Not an Option for SwingCurrent price for Ezdan is higher and close to resistance. Need to wait atleast 1.650 for a safe entry.
EZDAN - TOWARDS ALL TIME HIGHInsyallah, ERES will break QR2 in the next couple of days
Trivia: As of today, ERES is the 3rd largest MKT CAP in QSE with 50.795 B market share
