Since 2021 and back to that year, ERAA's stock price has fallen from 720 to 320 (Feb-25), however on May-25, ERAA managed to break the channel trend and continues trading above the channel trend (440).
ERAA is now trading at 0.382 (478) and 0.5 (525) fibo, capturing cup and handle form. As traders, we should wait and observe if the price is still trading in the area between (478-525). Any advance over the 525 level indicates that bullish momentum remains in place. Otherwise, we should wait and see if the price retests fibo 0.382 (478) or not.
Disclaimer: The information is not an investment advice and does not constitute any offer or solicitation to subscribe or redeem. Users are advised to peruse the articles and other data in the website only as information and to rely on their own judgment when making investment decisions.
ERAA is now trading at 0.382 (478) and 0.5 (525) fibo, capturing cup and handle form. As traders, we should wait and observe if the price is still trading in the area between (478-525). Any advance over the 525 level indicates that bullish momentum remains in place. Otherwise, we should wait and see if the price retests fibo 0.382 (478) or not.
Disclaimer: The information is not an investment advice and does not constitute any offer or solicitation to subscribe or redeem. Users are advised to peruse the articles and other data in the website only as information and to rely on their own judgment when making investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.