Long
ENG's Turn?
I entered a position on ENG a few hours ago. It bounced nicely from the 0.878 fib of the last impulse wave up, which is also confluent with a daily pivot of support. I'm targeting just below weekly resistance. And I have placed my stop below the daily 200ma, and 20ma. Let's see how this plays out.
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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.