I first took notice of Epure when it was at 56. Observing its price pattern there does look to be a very good trade target. The profit target is 21% to 68 cents with a stop at 51.
This morning, it failed again to break out of new highs. The MACD histogram refuses to break on the up side. anticipating the upcoming possible correction, couple by the need to go on site, i took profit at 60 cts for a 5.25% gain. i only mad a possible of 20% out of the anticipated gain. it looks to me like a C trade. im still keeping a watch on this. it has the potential to be even higher.
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