EIGI formed kind of fallen angel patter & now seems forming a flag. Also recent insider buying making it lucrative for long. We think it has potential to go all they up to 12 area
However, upward break of gap down resistance (7.96) will be confirmation of long entry & we will update stoploss as the it moves higher.
You can check our detailed analysis on EIGI in the trading room/ Executive summery link here-
www.youtube.com/watch?v=-ZW5PFLD...
Time Span: 7:40"
Trade Status: Pending
However, upward break of gap down resistance (7.96) will be confirmation of long entry & we will update stoploss as the it moves higher.
You can check our detailed analysis on EIGI in the trading room/ Executive summery link here-
www.youtube.com/watch?v=-ZW5PFLD...
Time Span: 7:40"
Trade Status: Pending
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