Enzolytics Inc (ENZC)

[The Whale]

This is very simple. We were green for 7 consecutive days causing the RSI to balloon to 92.89 on Wednesday. In summary, the stock was OVERBOUGHT. The MMs knew it and they also have to cover their short positions two days before the 15th and 30th of every month. So they head faked everyone with the $1.00 ASK yesterday...then traded to one another causing panic selling and stop losses triggered.

We have now formed a beautiful new base at 64-65 cents...but more importantly, the RSI has reset to 68.55:

http://www.stockta.com/cgi-bin/analysis.pl?symb=ENZC&cobrand=&mode=stock


Always remember, your RSI is your compass in trading. If every stock went straight up, we would all be millionaires.

The technicals have taken over now. Plus News is coming. Bollies are pinching again. I hope everyone is ready. Our partner GenScript released some big FDA approval News today.


All is Quiet on the Western Front for a reason. The MMs are again trading to themselves and shaking every last share they can. Why??? MMs need inventory bad. Because we are about to shatter $1.00 plus.


TRADING 101


$ENZC

God Bless

Logging off