ELAND: Declining Trend-line Breakout
ELAND after having a deep price and time correction has signaled its intent to move upwards y breaking the declining line drawn from its all time highs at 60 levels with good volumes.
The 200 day EMA is at 33 that could cause some hiccups to the upmove. Once this price cross over happens the stock can head to 38-40 levels for first targets
The 200 day EMA is at 33 that could cause some hiccups to the upmove. Once this price cross over happens the stock can head to 38-40 levels for first targets
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