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Is ESI ready to move higher? Crossed Above 20 Day Moving Average shows up after climbing 1.07%
ESI finished higher by 1.07% on Tuesday, August 11th, trading 0.4 times its typical volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 37.39, 37.11 & 36.73, with resistance at 38.05, 38.43 & 38.71.
Current SwingTradeBot Technical Rating of ESI: C
There’s more where that came from. See all of today’s signals for ESI here.
Read full article here »