EDO Thoughts

EDO is in a steady uptrend however it is currently breaking the overbought levels with a DK cross which symbols an intermediate bearish move. We can see that it loves to touch the 48EMA while in this trend as 13 candles have done so and then it continues to trend towards the upper trend line. Definitely becomes a long position once a touch of the 48EMA occurs which may happen around my green box target buying spot.