ENVB Waiting for a Double Bottom Before EnteringIt is possible this one was missed, but I think there could be some trouble getting through this resistance. Mays volume was 10x where this resistance was, but it still didn’t get through. Possible this could trade sideways for a couple of months before retracing back down to the support level.
There is a double top on the daily RSI with bearish divergence, but not reading into that too much.
Going to keep an eye on the $2.79 level as well for possible support
ENVB
ENVB Technical Analysis 🧙Enveric Biosciences Inc is a patient-centric biotechnology company focused on developing new-generation, naturally occurring chemical compounds, such as cannabinoids to improve the lives of those who are adversely affected by the side effects of cancer treatments.
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