Stopped out of ESND this AM at $19.74.
A low confidence trade and thus a low share trade.
Next support is at $17.14 with a tail at $15.94.
We also have a measured move at $17.04.
The initial target from $17.14 is $22.00.
PSCI, the most relevant ETF, has a P/E of 21.9.
If ESND reaches $17.25 its P/E will be at 7.