EGAN Sexy looking chart
I like the pin bar that closed above the .61 Fibonacci level and also the recent MACD cross on the daily chart. Also, the proximity to the 200MA gives me confidence that EGAN has bottomed out at $10.57 and should start a prolonged rally and eventually get back to previous levels.
Targeting $12.20 then $13.05
Targeting $12.20 then $13.05
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.