Entest Group Inc

[dmlabuda]

BE CAREFUL - There is a Symmetrical Triangle on the ENTB hourly chart. This type of triangle is normally a continuation pattern and the recent trend is DOWN on the hourly chart. There is no indication of which way the price will breakout at this point, the indices seem to be quite neutral but, that in itself is a clue because the market will tend to follow in the direction of the current trend. So, we could see a bounce up to around $0.019 or (more than likely) a drop down to approximately $0.0052. Here is the chart: http://stockcharts.com/h-sc/ui?s=ENTB&p=60&yr=0&mn=1&dy=0&id=p06026230039&a=270426376&listNum=6