EVRI has been consolidating since late September. It failed to break the 1 Fibonacci level on 4 occasions and retraced to the .5 level.
The current price is just above the POC line (90 days) and closed just above the .78 fibonacci level and well above its up trend line.
The MACD is about to cross and the DI+ just crossed the DI- on the ADX indicator.
First target: 25.91 in the near term.
The current price is just above the POC line (90 days) and closed just above the .78 fibonacci level and well above its up trend line.
The MACD is about to cross and the DI+ just crossed the DI- on the ADX indicator.
First target: 25.91 in the near term.
