ELN
Previous ELN posts are here. Today, the charts don’t paint a bullish picture. There was potential in previous patterns, but current technical conditions do not bode well for ELN…
In fact, the bias is short, and intraday today, the S1 15.29 area is/was a good short location with good r/r with a 15.43 stop to target major volume support at $7.50. Risk is 0.14 or 0.9%. Target is +51%. That makes r/r 56! Outrageous!
