BREAKOUT STOCK ALERT!
Ericsson (ERIC)
Initial Price: $11.91
Potential Price: $12.50
Potential Gains: 4.95%
Stop Loss Limit: $11.615
Currently trading in a sideways channel within a Wedge Up Pattern due to the breakout after beating earning estimates ($0.08 vs. $0.06 est) on July 17th, 2020. We're project a $0.60-$1.20 gain in the stock price if the stock were to continue breaking up out of the Wedge Up Pattern.
https://www.mymillennialinvestments.com/index.php/Stock/NASDAQ/ERIC
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