EW continued to go up following the Hammer candlestick

The Hammer on EW lead us to a bounce. Currently at 28.40 per share, it is touching the 50% Fibonacci retracement level. If this will be able to break the level and stayed above, we might see this stock trading at the upper band of Bollinger Band soon. If you look at the weekly chart, the green candlestick, if it can sustain, will confirm the Hammer found on the weekly chart.

Caveat!

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