EEE still remains on a long signal and the typical pullback to the 10-day moving average has taken place (yellow line). I'd prefer a stop at the blue 22-day moving average.
Here's the 30 min chart showing distribution of the last run.
The 10 minute chart shows renewed accumulation
As does the 5 min chart.
If possible, I'd try to even pick up some shares in after hours if available at a decent spread.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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