Falling wedge breakout, strong reversal signal?
A few signs tell me where in for a trend reversal.
1.Downtrend and falling wedge breakout.
2.CMF shows accumulation, trending upwards as the SP was still downtrending. This happened a while back during sideways movement and was followed by a spike. Although it did continue down before, I think this time is different because there is a clear breakout here.
3.Large move off the SMA
4.RSI above resistance line.
EGR do seem like they're in better position now, not far off securing finance for there Epanko mine and graphite battery facility.
Offtake agreements are being finalized for ecografs high quality fines. Samples were recently approved by customers.
1.Downtrend and falling wedge breakout.
2.CMF shows accumulation, trending upwards as the SP was still downtrending. This happened a while back during sideways movement and was followed by a spike. Although it did continue down before, I think this time is different because there is a clear breakout here.
3.Large move off the SMA
4.RSI above resistance line.
EGR do seem like they're in better position now, not far off securing finance for there Epanko mine and graphite battery facility.
Offtake agreements are being finalized for ecografs high quality fines. Samples were recently approved by customers.
Note
This is the bottom. It's all upwards from here....imo ;)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.