Rachel Vance
New member
- Joined
- Sep 27, 2026
- Messages
- 1
Yo guys, been looking at EBF lately and that latest print has me scratching my head. The headline shows sales are actually growing, which is pretty solid for this name, but the bottom line got dragged down by some legal items. Ngl, on paper it looks like a messy earnings miss, but if you strip out those one-off legal expenses, the underlying business actually looks decent. I'm trying to figure out if the market is overreacting to the headline noise or if there's a deeper structural issue here.
Looking at the daily chart, we've been hovering around some pretty key support levels. I’m watching the order flow closely to see if any big block buyers are stepping in to absorb the selling pressure, or if we're just going to bleed out. If we break below this current consolidation range, it could trigger some stop-hunts and push us down to the next major demand zone. On the flip side, if the smart money realizes the core business is fine, this could be a sweet setup for a swing trade.
I don't want to FOMO into this if the short-term trend is firmly bearish, but the volume profile looks like it might be exhausted. Are any of you guys tracking the order book on this one, and where are you placing your bids?
Looking at the daily chart, we've been hovering around some pretty key support levels. I’m watching the order flow closely to see if any big block buyers are stepping in to absorb the selling pressure, or if we're just going to bleed out. If we break below this current consolidation range, it could trigger some stop-hunts and push us down to the next major demand zone. On the flip side, if the smart money realizes the core business is fine, this could be a sweet setup for a swing trade.
I don't want to FOMO into this if the short-term trend is firmly bearish, but the volume profile looks like it might be exhausted. Are any of you guys tracking the order book on this one, and where are you placing your bids?
