ELI (Chart: Daily Resistance: 0.88 Support: 0.79)
ELI might have broken out of a symmetrical triangle. Target price is 0.93. The triangle is a little bit odd, but I’m banking on the high volume and the MACD crossover for it to break the resistance at 0.88 and hopefully close the gap. Recommendation: Buy near support of 0.79 -0.83. Cut loss at 0.78. Watch out for resistance at 0.88.
ABA (Chart: Daily Resistance: 0.0174 Support: 0.016/0.015)ABA seem to have broken out of a rounding bottom. Target price is 0.025. Recommendation: Buy. Watch out though if the price movement consolidates to form a cup and handle area pattern
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