Enzolytics Inc (ENZC)

[foxi]

44,504,388 shares traded today, which is 458% the 30 day average. I wonder what's up.

I'm having trouble pinning the action between trend lines. Not spotting much in the way of wedges or triangles. Seems very volatile. I do see a head & shoulders pattern from late April/early May followed by what might turn into an inverse head & shoulders after today, which would be bullish if it finished forming. Also triple-touched near the low which is interesting.


Daily chart below.
Legend:
-Dashed pink and light blue are bollinger bands and 20 period moving average line.
-Dark blue is 200 period moving average line.
-Pink circles on two gaps that got traded through today.