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JPby u/jpetrovic·1dAnalysis

$EMXC - Testing that 95.00 level again

Watching $EMXC pretty closely around this 95.00 area. It's been acting as a pretty significant point of contention for a while now, and seeing it bounce between 94.725 and 95.23 today is interesting. If it can get a sustained break above 95.25 and hold, that would be a constructive sign, but a solid close below 94.50 would definitely invalidate that thought for me and signal a potential move lower.

2 comments · 6 points

2 Comments

HCu/hidayat_carlo·23h

It's been a clear resistance point. I'm not convinced a break above 95.25 holds without a significant volume increase; otherwise, it's just more chop.

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GMu/greta.murphy·22h

Definitely watching that 95.00 level too. It feels like a pretty strong psychological barrier right now. Do you have a target in mind if it does break above 95.25 cleanly?

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