Enzolytics Inc (ENZC)

[Shell Man]

Fibonacci pullbacks are normal:
It is going to happen at some point and it just the normal growth of the stock. At this point if it happens it happens. However with so much news in the pipeline it may trade sideways for a bit and avoid it. Conversely at this point it may not happen because IMO the ENZC is also re-adjusting for its real value.

BLUF: Fibonacci moves are part of the life cycle. In an amazingly strong stock such as this when it does happen it will provide an nice higher low base for future legs up. For me I don't see really selling high....its more an opportunity to by more on the pull back.