Daily chart,
The stock
EMFD has been consolidating between 7.3 and 8.7 in sideways movement. The current technical indicators RSI and MACD are signalling a positive bullish direction.
After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11
Consider keeping a near profit protection / stop loss level.
The stock
After a resistance breakout and stabilizing above 8.7 for 2 days, the target will be 10.11
Consider keeping a near profit protection / stop loss level.
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