Thread by @malteseinvest

Analysis: #NASDAQ $EVFM

Case 474 #EvofemBiosciences Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#EVFM 1/4

Chart 1
Attachment 1
Weekly Chart: Price broke below the 2 year triangle and stopped just short of the Sept. 2017 #pivot at 2.01, below that the all time low of 1.79. We note buying interest at 1.10, 0.86 and 0.59. Immediate #resistance begins at .....

EVFM 2/4

..... the broken July 2018 trendline sloping at 3.90 then the Jan. 2018 #trendline at 6.64. Farther up the #confluence of the control point and #Fib 0.50 at 7.33/34 with a close above the latter targeting the balance point at 12.06.

EVFM 3/4

Chart 2
Daily Chart: An unfilled gap exists between 3.58- 4.66.

The #Strategy is printed on the image.

$EVFM 4/4