EN reached 23 years resistance line, with 2 ascending triangles.
Monthly 200 SMA as resistance
Monthly 20 SMA acting as Support.
Due to overall negative market conditions, uncertainty, higher yields, I don't think this is the best time for EN to break this resistance and make a move higher.
PUT option are cheap - trade open.
(Not financial advice)
Monthly 200 SMA as resistance
Monthly 20 SMA acting as Support.
Due to overall negative market conditions, uncertainty, higher yields, I don't think this is the best time for EN to break this resistance and make a move higher.
PUT option are cheap - trade open.
(Not financial advice)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.