Up 13.95% today on strong volume. Nice bullish candle to end the week with the share price finally breaking out of a downtrend channel that has persisted since August 2023 and also closing above the 50 week moving average (red line).
Next obvious resistance is the 200 week moving average (green line) at 5.5 cents. A break above that could easily see the share price retest 8.8 cents. Chart action is most likely a precursor to some bullish news coming soon IMO.
EQR Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held
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