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Ellipsiz- Breakout from tight range


Looking at the macro picture, Ellipsiz has broken out of a multi year base.

Today we observed a macd bullish crossover, along with a breakout of previous tight range. This blog believes that it could head to its first resistance at $0.895 and in mid term could head to $1.04.

Ellipsiz will XD on 26 Oct this thurs. Could the price continue to trend up after XD and give away free dividends? Possible.

This is not a BUY or SELL call. Personal opinion,please dydd.

Interested in joining a recreational traders group chat, please refer to this https://satkitrader.wixsite.com/website/connect-with-us

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