Michaeljob

$EM1 trade set up

Panjang
ASX:EM1   None
EM1 has since Feb been heavily traded and has moved up respecting the trend line, the fall back from 4c was due to a capital raising which since appears to have been dealt with.

The company in the e-sports sector are going to market in the next few weeks which will create heavy news flow likely putting upwards pressure on the chart

My concept trade has a target of 4.5c or 45% top side with a stop set at 2.7c for -13%

Penafian

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