ESLR Gap Up
By Johns Wu on Nov 01, 2005
ESLR gapped up nicely today. Will it be able to hang on to its gains?
Gaps make me nervous. It formed a doji today on the gap-up, which usually signifies uncertainty. Plus, it's facing stiff resistance at $9.50. We'll see tomorrow whether it will hang on to its gains, or if it will fill start to fill the gap. It's for sure going to need a ton of buying volume to blast through the $9.50 resistance.
PS: Watch out for the Nov 4 earnings call.
This entry was posted on Tuesday, November 1st, 2005 at 7:46 pm and is filed under Annotated Analysis.
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