Ok, so here's my first attempt at sharing a chart on Hotcopper. Having been in and out and back in again with EHR over the last 18mths, I'm personally sold on the fundamentals (check out the ABID and RB Milestone Group valuations for more detailed fundamental analysis). I was curious to try a little TA, so here's how I read the chart. Of course, I'm not a professional, so please DYOR and make your own mind up.
What I can see is two attempts at breakout that have been met by supply. These breakout attempts seem to be followed by low volume pullbacks which suggests that there is minimal supply on the pullbacks. Each new high has been matched by a higher low. I'd say there is a solid case to be made for a breakout in the coming weeks. Most likely, it will be driven by the TSX listing or the release of the BFS. Either way, there's a strong case that this stock is on the way up.
Another interesting thing to note is the increased positive volume.
chart looking good
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