EE : 100% retracement of recent rally looks likely

EE had one big day on July 13 going from 0.96 to 1.23 on 171m shares, and has since fallen to 1.00. Four or five more spreads on the downside looks all too easy, with some chance of it going to nearer 0.92.

To turn the chart around a close above 1.07 at the least is required, and preferably above 1.14 on a weekly basis.

 

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