Enzolytics Inc (ENZC)

[foxi]

Imo if price gets back to .30 anytime this month it'll give us a shot at completing a cup and handle with the lows from May. You can see it on the daily. A safe profit target in that case would be about .50 https://www.investopedia.com/terms/c/cupandhandle.asp



On my charts we're still in the same situation as we were on Friday, with the 9 day Moving Average waiting to cross the 20MA and the 50MA waiting to cross the 200MA. (Yes, that'd be a golden cross!) If both of those happened it'd be tremendously bullish.

But if the news doesn't live up to the hype, the moving averages could also easily death cross since the lines are so close together, so trade with caution!

Not a ton of volume today but maybe we'll see an end of day run. :) I think people are waiting to see the news and/or until FOMO kicks in.


Friday's daily chart:
(this does not show Monday's activity! But Monday's moving averages are still sorted like they were on Friday)