Pokethebear

ESIO - similar to mid-Jan resistance

Short
Pokethebear Updated   
NASDAQ:ESIO   None
Volume not there for holding new resistance level at 23-24. Expecting a break lower.
Good stock to hold, but BETA a bit higher than ideal for long.
Comment:
Can't discern if this is a pennant about to go up or flag. VIX hits 16 today. ESIO down 1.8%, market down 1.08%.
Trade active:
www.tradingview.com/chart/p6kYmd1t/
Long: Seems like CCI hitting peak shows this has legs to climb through ,382
to .236 (24.84ish). 7Q earnings exceeding expectations and 10/1 next.
Note that yr/yr EPS was crushing it, debt almost none, and room to mid-cap.
eresearch.fidel...tatistics.jhtml?stockspage...
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