Replies to post #138190 on Enzolytics Inc (ENZC)

[foxi]

Sure! I put Fibonacci retracements on the intraday 30 minute chart here:

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167404176 (2nd chart)

So far, the pullback's found support at ideal levels for another leg up. Note that I'm drawing my Fibonacci grid starting from the point price first broke resistance, not the very bottom of the candle.


It's not guaranteed to keep running, it's just a favorable chart setup to support it. (And the day's not done!) Watch for volume to come in if price trends up again so you don't get bull trapped. (A fake run before a hard dump, usually starting toward the end of a trading day to trigger FOMO and dumping on bagholders the next morning.)