$ETWO Breakout Alert

$ETWO – E2open Parent Holdings, Inc. is a provider of supply chain management software. It offers an end-to-end and cloud-based supply chain management software as a service (SaaS).

On the daily timeframe, the price chart has been forming  a Cup and Handle pattern since Septemmber of 2021, finding  resistance at the $12.73 price level. A daily close of $13.31 on Nov. 16th 2021 confirmed the breakout from the Cup & Handle pattern with a possible price target of $14.50.


Charts drawn using TradingView

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