EDRY Should I Buy

EDRY is not a clean long-term buy right now for a Beginner investor with a long-term preference. The chart is bullish, but the latest reported quarter (2025/Q3) showed weakening top-line and a swing to losses, and this is a micro-cap shipping name where fundamentals matter more than short-term momentum. If you already own it, holding into the next earnings (2026-02-17 pre-market) makes sense; if you don’t own it, I would wait for evidence of sustained earnings/operating improvement (or a post-earnings confirmation) before buying.

Trend/price action: Bullish bias. Moving averages are stacked positively (SMA_5 > SMA_20 > SMA_200), which typically confirms an uptrend. Momentum: MACD histogram is above zero and expanding (0.0494), supporting continued upside momentum; RSI(6) at ~64.7 is neutral-to-slightly warm (not overbought), implying room to extend. Levels: Pivot 13.336; near-term resistance at R1 13.699 and R2 13.923 (post-market 13.75 is already above R1 and approaching R2). Supports at S1 12.973 and S2 12.749. Pattern-based outlook provided: ~60% chance of -0.59% next day, +6.52% next week, +2.5% next month—near-term chop is possible despite a constructive weekly/monthly skew. Intellectia Proprietary Trading Signals: **Intellectia Proprietary Trading Signals** - [AI Stock Picker](module://ai_stock_pick): No signal on given stock today. - [SwingMax](module://swingmax): No signal on given stock today.