EMR - Looking at a new ATH

35
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Volume
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- Increasing

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Price Action
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- Latest downtrend line broken
- Supported above $125

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Technical Indicators
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- Ichimoku
>>> price at the edge of cloud
>>> Green kumo budding
>>> Tenken [Conv] - Below clouds & Lagging & pointing up
>>> Chiku [Lagging] - Below clouds & pointing down
>>> Kijun [Base] - slightly above clouds & above Conv + Lagging, pointing up

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Oscillators
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- MACD turning bullish and crossed
- DMI turning bullish
- StochRSI, bullish, approaching oversold

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Conclusion
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- Ichimoku overall >>> Bullish
- Oscillators overall >>> Bullish

- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.
- Entry and exits depends on your time horizon and risk management.


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Positions
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Entry 1 - $137
Entry 2 - $132

Stop - $125

Exit 1 - $144
Exit 2 - $153
Exit 3 - $160
Exit 3 - $174

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