Two charts on EGR - the first showing how EGR has moved upward to the top of the consolidation range with the short term averages turning up and the longer term just starting to follow. Any continuation in that direction then all good.
The second chart just showing how that previous high volume bar on the 4th June is still exerting it's influence - EGR could be approaching a little overbought here as the upward move continues and I've included the 200 ema to give an area where resistance might occur. Some nice action today though and a close and hold above 70 would be a good sign.
Hope that helps.
EGR Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)