Replies to post #161466 on Enzolytics Inc (ENZC)

[MAGA_PATRIOT]

I wish I knew the who and why behind it Dusty, but I genuinely have no idea.

In regards to "what's next," I'm expecting the push down to continue. Based on 18+ months of the Groundhog Day pattern, the past few days did nothing more than pad the RSI for the next push down. I hope I'm proven wrong, but this is how the Groundhog Day pattern works. It's everything we want in reverse.

- Rather than building/solidifying a base, they build/solidify and artificial ceiling. Spend a couple of days trading sidways down, then drop that artificial ceiling by exactly 0.005. Wash + Rinse + Repeat. Once the RSI gets to very oversold point, we see 1-3 very small green days. During those days they manage to add anywhere from 15-40 points to the RSI, but the pps barely moves up. Once they've got some more room, they usually start the push back down with a pre-market fakedown (drop opening ask lower than prior close)

Pay attention today. We'll see if they continue guarding the artificial 035 ceiling, as I believe that will tell us a lot. Currently appears that they are, so I imagine sometime after 1PM CST, they'll start stacking the ask under 0.035, and eventually try to push down to a close of .0279-.031. We'll see...

$ENZC

[outlook2020]

Retail taking small profits. Not letting it gap up. Trade ranges less than a penny discourages most from trading. “ Who's benefiting from all of this? “