Jul. 24 at 2:13 AM
Operating as a global leader in industrial automation, process control systems, and software solutions, Emerson Electric Co.
$EMR is trading right at
$144.92 on the 8-hour chart, breaking out near multi-month resistance as order flow highlights strong upside momentum. 🐂 🎯
Bullish Flow: Technical momentum and strong buying pressure are pushing price action out of its multi-month consolidation base. 🐂 💧
Bull Key Levels: Bulls need a confirmed hold and continuation over
$142.14 to validate the breakout and keep the upward trend intact. 🐂 🔥
Bear Key Levels: Lose
$139.95 and the immediate structural support fails, risking a pullback toward range lows. 🐻 ⚠️
Take Profit Targets:
$148.00 /
$152.00. 💰 💸
Why: Price is clearing immediate overhead resistance on the 8hr timeframe, with
$142.14 acting as the primary pivot shelf to sustain the push toward
$148.00.
#EMR #EmersonElectric #IndustrialAutomation #StockTrading #hovdid
