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Is ELA consolidating before a move? NR7 shows up after advancing 0.51%
ELA finished higher by 0.51% on Wednesday, October 1st, trading 0.6 times its typical volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 7.8, 7.76 & 7.68, with resistance at 7.92, 8.0 & 8.04.
Current SwingTradeBot Technical Rating of ELA: B
There’s more where that came from. See all of today’s signals for ELA here.
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