Enzolytics Inc (ENZC)

[foxi]

9 cents is valid and definitely in play here:

It would be the triple bottom support line if the price slips past the 50 and 200 day moving average. (The chart already double-bottomed on 4/16 and 5/10. Triple bottoms are less common, but totally a thing.)

I will be pleasantly shocked if we hold the line on bloody tuesday without news. :P

So far, support has been strong along that 50 and 200 day moving average line. But we've retested that triangle resistance like 10 times and failed every time. Highs are getting lower indicating weakening bulls. Trading is funneled tight into that triangle tip and theoretically price could go up instead of down at breakout. But why would it, unless we get a stronger indication that the delayed fins aren't because of a BAD thing? With no news, I would expect sellers to take us down to the next level of established support ($0.09 unfortunately)

Lows have also been getting higher, and volume is very low, which is why I personally didn't liquidate today.