THIS IS A MONTHLY CHART.
EMMS is one of my favorite charts right now. It has a nice, long 5 year accumulation base in a low range. The stock broke out of this base in late 2013. All on decreasing volume over the 5 year period. This is another sign I look for, decreasing volume. This lets me know the stock is in strong hands and the public hasn't been induced to buy yet. But they will, and that's when volume will really pick up and the stock will rise.
I believe this stock has at least a 200% rise potential.
EMMS is one of my favorite charts right now. It has a nice, long 5 year accumulation base in a low range. The stock broke out of this base in late 2013. All on decreasing volume over the 5 year period. This is another sign I look for, decreasing volume. This lets me know the stock is in strong hands and the public hasn't been induced to buy yet. But they will, and that's when volume will really pick up and the stock will rise.
I believe this stock has at least a 200% rise potential.