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Monday, September 12, 2022 5:59:44 PM
This is threatening breakdown on both the weekly and daily, and though RSI is low, it has historically gone lower. Should be an interesting next few weeks with or without news. With it this oversold, I agree that good news could send it.
Not shown below, there's a Head & Shoulders on the hourly which may take us briefly to .035.
Weekly chart:
![](http://i.ibb.co/wMvP77v/20220912-enzc-support-lines.png)
Daily chart:
Legend: Pink dashes & light blue is bollinger bands, dark blue is 200 MA.
![](http://i.ibb.co/tCWW4Vq/20220912-enzc-daily.png)
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Sometimes I edit my posts in the first 15 minutes. Refresh for the latest.
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