We saw a nice breakout for Elders on Friday,
however, the stock price failed to break the moving average.
If we close above it next week it will be a buy signal for me.
MACD, RSI, and DMI are bullish and the stock would more likely to go up from this breakout.
Similarly, the Lucid Sar ( AKA Parabolic SAR) is showing a change in direction as well." Downtrend to an uptrend ".
Go long - 10.82
Stop loss - 9.60
#1 Price target - 12.06
Lastly, if you switch to the weekly for Elders ASX, there was a TD 9.
however, the stock price failed to break the moving average.
If we close above it next week it will be a buy signal for me.
MACD, RSI, and DMI are bullish and the stock would more likely to go up from this breakout.
Similarly, the Lucid Sar ( AKA Parabolic SAR) is showing a change in direction as well." Downtrend to an uptrend ".
Go long - 10.82
Stop loss - 9.60
#1 Price target - 12.06
Lastly, if you switch to the weekly for Elders ASX, there was a TD 9.