Weekly chart, the stock
EEII is supposed to continue trading in the rising channel and test the resistance line at around 1.80
Trading for 2 weeks above 1.80, the target will be 2.50 - 2.55 passing through a resistance zone at 2.00 - 2.10
Technical indicators MACD and RSI are supporting this positive view.
Note: Stop loss below 1.24, and to be raised along with the rising price.
Trading for 2 weeks above 1.80, the target will be 2.50 - 2.55 passing through a resistance zone at 2.00 - 2.10
Technical indicators MACD and RSI are supporting this positive view.
Note: Stop loss below 1.24, and to be raised along with the rising price.
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