ERJ - Keep this in your portfolio
Monthly chart setting up nicely. Still some work ahead to clear the 200DMA. Big upside above that. My guess is that this doubles this year to around 35-39
ERJ
ERJ: BUY window still open, 3X GAINS probability!The "steaming bowl" is holding a cup w/ handle that has a bullish Gartley pattern. I predict after the Gartley it'll hit $8.00, after cup w/ handle $11.50, and after bowl $16.50. Volume has been holding steady at around 12M with a high of 35.88M during the formation of the bowl, after the COVID drop.
ERJ: Penny stock on a bull runERJ has been on a bull run of 5.07 to 7.09 within a month. 2.18.2020 DROPS from 17.83 due to COVID. Will it resist at 17 in 2021?
ERJ might take offThis guy might pop because if you look at the recent daily candle it's been pretty high compared to where it's closed and I think that's bullish
Should we go long or buy calls?
Lowest Lows for EmbraerForesee an even lower low for Embraer NYSE:ERJ as per the trend/fibo projection.
– Stock below moving average;
– Fibonacci levels past 100%;
– Downtrend without reverse signal;
– High Volume;
If below 5.81, it may test new supports at up to 3.50.
If above, it may try to keep oscillating below 7.80 and maybe 9.11 until regaining force; RSI is currently too low;
