After a huge run, they love to push it down to 200EMA first time.
On a good stock (after initial breakout run), they like to push it back to the 50EMA most often. As it strengthens they might only be able to get it back to the 20EMA.
We are on day 15 from peak of last run.
1st run, 28 days down
2nd, 18 days
3rd, 15 so far.....
With or without news, we can see the next leg up start very soon.
We have all likely seen plenty of action in the markets without news and little action with news, so we follow the price action in a strong trend with a strong company.
Of course we are ALL anticipating very big news in coming weeks/months, so that will have its own impact.
With ENZC we keep reading all the great DD here and stay with the program. GLTA!!!
Embracing mistakes as opportunities, stepping stones, strength/character builders, is what has allowed me to thrive and succeed! I believe our attitude and responses create the direction of our life.