Enzolytics Inc (ENZC)

[foxi]

Watch closely, this could run tomorrow/Friday:

Potential news catalyst (if they drop an end of year update) and the chart setup looks good for continuation.

Based on Fibonacci Retracements and the height of the last big green candle, if there's a run I'm looking for it to reach about .0925

Rising three methods

The opposite is true for the bullish pattern, called the ‘rising three methods’ candlestick pattern. It comprises of three short reds sandwiched within the range of two long greens. The pattern shows traders that, despite some selling pressure, buyers are retaining control of the market. (source)

Rising Three Methods candles would be confirmed by a run Thursday. I'm not sure if the Doji candle Monday counts for Rising Three Methods or extends it an extra day, we'd be in equally good shape for Friday if we had a small red closing near current prices Thursday.

GLTA





Chart legend (for top panel): dark blue to lightest blue are 200 day, 50 day, 20 day and 9 day moving averages. Dashed pink lines and bold 20 day MA are bollinger bands.