Enzolytics Inc (ENZC)

[gypsy7]

Sounds like you weren't around for the other crazy pullbacks for "no reason" many of us have gone through since subpenny.

I mainly watch the price action and technical analysis more than anything else, even though it all counts. Looking at the daily trend, we can see it has these 50-70% pullbacks after very strong legs up. Price always revisits the moving averages over time. the greater the price is extended (above or below) from the moving average lines, the faster it will snap back. Always happens.

Though sometimes price action will hold steady going mostly straight for a period of time, forming a platform for the next leg up, and moving average lines essentially meet up with price instead of price pulling back to moving average lines.

I set 6 EMA's on my chart with mostly fibonacci numbers. 8, 13, 21, 34, 55 and 200 for reference. Good visual to see overall repetitive patterns in a stock.

GLTU!