Mar. 14 at 2:44 PM
$EDHL — Descending wedge breakout. +22.54% today. 4.9M volume. Chart is loud.
Just calling what I see — no narrative, pure price action.
📊 Daily descending wedge compressing since
$15+ highs — today broke above resistance
📊 Price:
$4.24 | High:
$4.37 | Volume: 4.9M — one of the biggest sessions in months
📊 RSI 62.41 — healthy, room to extend
📊 MFI 84.63 — smart money flowing in hard
📊 OBV: near-vertical spike — accumulation confirmed 📊 ADX 28.64 — trend waking up
📊 Price above MA9 (
$3.13) and EMA20 (
$3.16) — both flipped to support
📊 Keltner upper:
$4.10 — already broken and holding above
📊 Measured move target:
$6.00–
$6.50 (+48.9%)
This is a chart-only setup. The price action is real. The business fundamentals are not supportive. Trade the chart, not the company.
Size accordingly. Stops mandatory.
Not financial advice. DYOR. 🎯
#EDHL #EverbrightDigital #Breakout #TechnicalAnalysis #SmallCap #TheEdg