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senderos

4,780 Posts.

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24/11/16

11:43

Post #: 20852195
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Originally posted by Cabbie ↑

@senderos - EHL Been in a bit of a mild uptrend for a while and has already failed once to really break out due to a lack of volume.

View attachment 345710
I'd be a bit wary if it did break out and would like to see confirmation on a second or third candle after a breakout - just to make sure continuing demand was there. Still, it's worthwhile putting on a watchlist and obviously can give returns short term but maybe might be a longer term prospect.
Hope this helps.

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Hi Cabbie, looks like some volume coming in and EHL could break out. Worth watching.
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