The Brains Trust - 2015, page-6154

@nine lives same chart as last time.+ Lower green rising trend support line added and the gap now filled as expected.
Judgement days for ERJ starting tomorrow to end of this week now it is in that testing or reaction zone. bullish case is a 2 day reversal of the confluence of current support in green lines down to 4.0c and to see a weekly close above the 10 DEMA at 4.8c. (Basically similar looking to the 3day reversal just created at the previous low). If that happens then the first week of June will be the one to watch once price is back above and has backtested that long term support/resistance line at 5.4c = game on. Bearish case and lets face it the stack looks sick is any failure on larger volume through 4.0c should see next LT support kick in at that new lower rising trend line that coincides with the 200DEMA at 2.8 -3.oc.