EDN
📉 Edenor’s ADR remains within a defined bearish channel despite the positive market news.
🕯️ The stock formed a daily candle with a very large upper shadow, indicating significant selling pressure emerged after the initial gap up.
❌ Edenor failed to close above important moving averages (like the EMA 150), reinforcing the cautious technical outlook presented by the analyst.
@ClaveBursatilTV:
“As I was saying, for example, Edenor, the same. I mean, it’s within a bearish channel. The ADR left a very wide upper shadow, couldn’t even stay above the EMA 150. And so I have many similar ones.”
Watch the exact part of the video where @ClaveBursatilTV talks about Edenor here:
Watch the video on YouTube
Read more articles analyzing Edenor (EDN) at the following link. EDN stock.
