$ESP is quietly setting up something interesting.
Price is holding right at the support line of a months long symmetrical triangle, and the 50MA is doing its job as a floor here.
Buyers stepped in right on cue and we're seeing a nice bounce off that zone with the pair up over 9% today.
Triangles like this usually don't stay quiet forever. If bulls can push through the upper trendline resistance, it opens the door for a real move.. the kind of breakout that catches people off guard if they're not watching.
Still inside the range for now, but the structure is tightening. Worth keeping ESP on your radar this week.
#ESP
Price is holding right at the support line of a months long symmetrical triangle, and the 50MA is doing its job as a floor here.
Buyers stepped in right on cue and we're seeing a nice bounce off that zone with the pair up over 9% today.
Triangles like this usually don't stay quiet forever. If bulls can push through the upper trendline resistance, it opens the door for a real move.. the kind of breakout that catches people off guard if they're not watching.
Still inside the range for now, but the structure is tightening. Worth keeping ESP on your radar this week.
#ESP