Enzolytics Inc (ENZC)

[foxi]

A quick chart if you're swing trading:


There's a head and shoulders formation emerging here (bearish!) and I'm not seeing what would turn it around. The right shoulder itself is also a H&S which should help kick off additional downward price movement. Be aware of the short profit targets for a H&S pattern and how to calculate them: https://www.investopedia.com/terms/h/head-shoulders.asp

This kinda movement shouldn't matter as much to longs (unless they want a better price to add) and surprise news generally trumps charts.


4h chart (intraday captured 15 minutes to close):