EMP retraced, near support

Using the same channel we put last January 19 when we saw EMP registered two bullish signals from Ichimoku elements, EMP has retraced and may find support somewhere near the lower slope up to where 38.2% Fibonacci Retracement level is. Notice also that Kijun Sen has been moving in a horizontal line since we saw it hit the high note.

If there will be a good candlestick formation at this level, then it is good to test buy.


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