EML in the building phase for a new leg higher

Potential Buy Alert


EML – EML Payments Limited

Stock : EML – EML Payments Limited

Current Price : 1.745

Status : On watch for a higher low

EML has great price structure as we see higher lows are build a new leg higher. We are now watching for a push up out of contraction so are looking for a minor pullback to build the higher low above 1.65. Once we see the price action showing buyers stepping in, then we will watch for the buy entry setup.