Hello Trading Community!
Here is my quick analysis of ENJ recent price action...
I started following ENJ about two months ago and posted an idea (see in the links below) where I first noticed the occurrence of a strong breakout.
Since then ENJ has been performing nicely, bucking the uptrend. As you can see on the chart, ENJ has been diligently working to complete a pretty impressive cup / round bottom base.
Once complete, I would expect the price to reach the target of $2.80.
Would you agree with the analysis? What's your take on it?
Happy Trading!
LTT