ENZC Security Details Share Structure Market Value1............$776,427,227 a/o Jun 10, 2021 Authorized Shares....3,000,000,000 a/o May 28, 2021 Outstanding Shares..2,797,935,953 a/o May 28, 2021 Restricted.....................634,339,585 a/o May 28, 2021 Unrestricted..............2,163,596,368 a/o May 28, 2021 Held at DTC..............2,021,452,954 a/o May 28, 2021 Float.........................1,880,313,464 .a/o Sep 30, 2020 Par Value 0.001
Fibonacci Numbers are commonly used in Technical Analysis with or without a knowledge of Elliot Wave Analysis to determine potential support, resistance, and price objectives.
The most popular FibonacciRetracements are 61.8% and 38.2%
61.8% retracements imply a new trend is establishing itself.
38.2% retracements usually imply that the prior trend will continue
38.2% retracements are considered natural retracements in a healthy trend.
Fibonacci Retracements can be applied after a decline to forecast the length of a counter-trend bounce.
The 50% retracement is not based on a Fibonacci number. Instead, this number stems from Dow Theory's assertion that the Averages often retrace half their prior move.