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Re: Bud-Wiser post# 123929

Monday, 08/16/2021 12:01:43 PM

Monday, August 16, 2021 12:01:43 PM

Post# of 198819
Maybe they were measuring buy-in to decide which way to move this next. There was a big long legged doji candle on the hourly chart immediately after the gap up. (Long wicks above and below and open about the same price as close.)

Daily chart looks awful so ENZC needs to file its financials on time (or bulls need to rally on some kind of hype) otherwise PPS is probably going over the cliff to double bottom back around .10.

The day is young, maybe we'll touch .18 and close at .175 or have a lesser green day and close at .165. The setup for either of those outcomes is there. (Those are the resistance levels from the moving average lines which so far have corraled price pretty well.) :)

Edit: added a quick and dirty chart. The teal moving average line is the 50 day, and right now it's at risk of crossing over the 200 into a fairly steep downward trajectory. Or it could bounce and stay bullish.