Edp Energias Prtgl S/adr is down a bit on the day, funds flowing out kept the price down -1.11% since yesterday. It looks like EDPFY may be interacting with an upward sloping support line. These can create nice entry points since it can have both momentum and support. EDPFY hasn't had very clear momentum over the last 3 months and has sort of been bouncing around so that doesn't make me feel very certain that it can punsh through the line.
If we get a reversal off of support and Edp Energias Prtgl S/adr starts moving up, it can probably get to $55.36 at which point it'll need to break through that resistance level in order to keep moving higher. If Edp Energias Prtgl S/adr continues to break down lower from here, it'll likely fall until it gets to $49.79 at which point previous buyers at this level may move in and give it support.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
