Replies to post #129715 on Enzolytics Inc (ENZC)

[cybermich]

newsflash..

fundamentals (i.e. news) trumps TA every time:)

[foxi]

It gapped this morning but the prior 3 days traded almost exclusively in that range. (.158-.174) Hopefully it doesn't need to come all the way back!


That said, now we have a new data point establishing another high. So here's the current bearish potential (a downward channel which would indeed gapfill if the buy volume doesn't continue at current prices)

Chart is captured INTRADAY - candle hasn't closed yet!