Waiting for EKHO to confirm rebounding!
Monthly chart, EKHO is still suffering (relatively) low volume trading, and the last candlestick is not complete.
We need to wait a strong rebound from the support line, and then the crossing of the medium term resistance (GREEN). Above this level (around 1.05), the target will be 1.37 then 1.57 (to test the long term resistance - BLUE line)
Technical indicator RSI is positive in the BUY area.
MACD is negative! Be careful, with the stop loss below the support)
We need to wait a strong rebound from the support line, and then the crossing of the medium term resistance (GREEN). Above this level (around 1.05), the target will be 1.37 then 1.57 (to test the long term resistance - BLUE line)
Technical indicator RSI is positive in the BUY area.
MACD is negative! Be careful, with the stop loss below the support)
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