EMFD Falling Wedge with RSI Divergence

Currently, the stock is forming a falling wedge pattern, though it hasn’t broken out yet. We’re also seeing a clear RSI divergence, which adds weight to the setup.

Once we get confirmation of the wedge breakout, I’ll be looking for a long entry, with:

Target: 10.13

Stop-loss: around 7.90 (last swing low)

Risk-to-reward ratio: approximately 3.26