Enzolytics Inc (ENZC)

[Summitgains]

EMWW...If we maintain support at .004, it'll go up from here. The volume of selling has slowed to a trickle.. which is a very good sign.
To me, at this moment in the trend, seems like we are in no man's land. It is possible that it could retest the low's of .003 before climbing higher again. If it drops back down, i'll be a buyer. And if it supports here and begins to climb higher, i'm a buyer in that scenario as well. Looks like people are just sitting and hoping it falls so they can get in at a lower price. Whenever i have seen that in the past, the stock tends to trend upwards, without dropping lower. It's not oversold at this point in time, and the cash flow and accumulation are in the red. It is also a bit heavier on the ask side than it is on the bid side. bid size @ .0045(19,000) ask size @ .0048 (250,000). So it appears that more are wanting to sell than to buy at these levels, at least for now :) However, they don't want to sell it bad enough, that they are willing to sell at the bid price, which is a very good sign ! Looks like what we have here, is a mexican stand-off! :) I'm a buyer of this stock.. just waiting for the fun to begin again :)