L3gOnD

EDO Channel

BITFINEX:EDOBTC   None
Currently channeling between trend channels. The buy zone listed before would have been good for a nice quick trade from the bottom of this current channel to the top which this channel top is the midpoint of the overall pitchfork. Currently EDO is battling against the 50EMA (I used a 48EMA previously) it has battled with many times in this trend. Could see it bouncing again off the bottom of this trend channel.
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