EMC Chart, page-2118

Both the daily linear regression chart and the WEEKLY MEDIAN chart (below) highlight the concurrence of 86c. as a crucial support/resistance level. The X line intersect of the uml & dml lines @ 86c. on 04/11/16 was a sign to look out for a future 'mean reversion' event......and here we are.
The minuscule 'tease' trade @ 3.59pm on 16/06/17 @ 85.5c. and the subsequent close @ 90.5c. was undoubtedly based on fundamentals and the laws of supply/demand. The message............. NOBODY wants the EMC share price to close below 86c. (for now).
It is also worth noting the recent low of 73c. and recent high 0f $1.025c. coincide with X line intersects. Cheers.