ERIC - Gap & Go

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ERIC - Gap & GoTelefonaktiebolaget LM Ericsson Sponsored ADR Class BBATS:ERICBogbeeAfter this morning's earnings report, ERIC opened above recent resistance. Intraday price action tested that level and it appears to have been supported. Finally, it closed above the open setting up a possible gap and go move. Conservative and optimistic targets are shown. Covering the gap would invalidate this idea.