Hey gang. Thought I would start a chart thread, and thought I would post this chart of CXO, as it looks like ESS could experience what CXO is currently experiencing.
If you look at the Cxo chart, you will see a sharp increase in share price (the flagpole) followed by about 10 days of consolidation and sideways movement (the flag), followed by another breakout/potential second flagpole.
Now if we look at the current ESS chart, we also see a long flagpole, followed by would could be the forming of a flag. Should we see another week or so of consolidation at these levels, then hopefully it leads to another breakout/second flagpole just like it did for CXO
IMO
GLTAH
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