eMax Holdings, Inc. (fka EMXC)

[dmlabuda]

Interesting how eMax climbed out of the dredges of the Rising Wedge only to form a Double Top, isn't it? Have you noticed how the price is really struggling to hold highs? Have you noticed how it opens high and then closes low? The bears are looking strong here. Could it go higher now? Anything is possible but, the chart still favors a drop in price. If this was the only stock I could trade and I had to take a position today, I would sell it short. That's my opinion.