GORGEOUS WEEK FOR EMR
The goldies have been moving recently but Emerald Resources has been somewhat resistant. It doesn't get as much attention as it deserves on the ASX but there's a lot to like about this company. All that changed this week, with EMR painting a strong weekly bar. Money Flow is off the charts and I'm happy with the Stochastics setup here. It's nice when you get a chart showing clean moves like this.
Price is moving out of it's point of Control. You could label the corrections as a Heads and shoulders pattern with a measured move to 1.60ish. Either way, EMR is probing for blue sky. Long may she run.
Price is moving out of it's point of Control. You could label the corrections as a Heads and shoulders pattern with a measured move to 1.60ish. Either way, EMR is probing for blue sky. Long may she run.
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