ELEN Major Resistance Breakout Setup
ELEN is approaching a major resistance zone around ā¹300āā¹310. The stock has been building a higher-low structure since the March bottom and is now testing a long-term descending trendline. š¹ Price has reclaimed the key moving averagesš¹ Higher lows are formingš¹ ā¹300āā¹310 is the major breakout zoneš¹ A strong daily close above ā¹310 could confirm…
