Chart.ly Chart of the Day: E-House Holdings EJ

Written by ldrogen

Today on the Chart.ly Chart of the Day we take a look at E-House Holdings $EJ with @TA_Trader.  This chart is very representative of the broader market right now, trapped below prior support and looking bearish.  If $EJ can clear that large level of resistance and break through the 20 day moving average the squeeze could be on.  Watch the RSI for a move above 50 or a rejection.  If you are looking to get short, wait for a roll over and set your stop above the day’s high.


Tickers:

blog comments powered by Disqus

If you love us, you’ll also love these StockTwits network members: