Jul. 17 at 7:40 PM
$ELPW volume is steadily building just surpassing 3M with the chart forming really nicely right now. We are at the start of a major bullish move. The biggest indicator for me is the clear RSI bullish divergence on both the 2 hour and 4 hour charts which has taken just over a month to align like this. When you get both of those aligned and curling up together like how its looking now, it usually triggers massive explosive moves especially on micro and nano caps stocks. Going by this setup, I am expecting a breakout past 0.33 or 0.4454 very soon, likely either during after hours tonight or by Monday's pre-market/morning session imo. Once we clear those levels, it's a green light for a much bigger macro run to test the
$1.37 -
$2.88 zone. This will start getting interesting now.