ESRX forming favorite patterns
This healthcare company forming best opportunities and shlwing relative weakness on weekly and daily charts.
Recent top was at $72, then it broke down and now if flagging near moving averages. I will be waiting for trigger. break down of this minor channel could give us good Risk/Reward entry with stop above $70.00. Add on break of $69.12. Partial take of profits could be at $65, then we have strong level of support at $61 from where it started rally.
Recent top was at $72, then it broke down and now if flagging near moving averages. I will be waiting for trigger. break down of this minor channel could give us good Risk/Reward entry with stop above $70.00. Add on break of $69.12. Partial take of profits could be at $65, then we have strong level of support at $61 from where it started rally.
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