Hi All
ESS moved from 28c to 54 , a very nice run , but nothing goes vertical and so it appears that the handle ( wave 4 down ) of the cup is developing now, wave 4 down are rather shallow retraces, so its a coin toss whether it hits either the 38 / 50 fib ( 44.50/41.18 ) support zones, whereby i expect wave 5 up to follow suit.
MACRO is stable......so far.
So next week i predict that handle to be near complete and commencing the wave 5 swing up......BULLISH !
Its just a theory not a fact, lets see how ESS responds accordingly.
imo
- Forums
- ASX - By Stock
- ESS Chart
Hi AllESS moved from 28c to 54 , a very nice run , but nothing...
-
- There are more pages in this discussion • 474 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ESS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online