EFOI is reaching its 200 dma at $1.73. This should provide first line of resistance. If this is take out, EFOI can run up to $2.00. Potential short if it doesnt break $1.73
LFT is picking volume and heavy price action. LFT has been on an upward movement from $13.00 all the way till $17.00 breaking through various resistance. It has recently broken out of its 200 dma strongly. Next it faces $17.80 level as the next strong resistance level. For trader anything below $17.80 should be the short entry, with stop loss on the break of $18.00. RSI levels are overbought indicating possibility of selloffs.
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