A Curated Platform of Equity & Options Market Intelligence
Select Page

Endeavor (EDR) Bull Wedge Back at Support

Endeavor (EDR) Bull Wedge Back at Support

by | Jan 18, 2022 | Chart SetUps

 Endeavor (EDR) forming a nice bull wedge back into the 8-week EMA last week as well as the top of January value with potential to rip back above recent highs on a breakout move. EDR broke out of a 35-week post-IPO range in late December and now back-testing the prior resistance with room above $35 to $43-44. Both RSI and MACD are working well off of overbought levels and now positioned well to turn and run.