Significant price movement makes the price breakout from the downtrend pattern. The OBV chart indicates a divergence signal. MACD chart is still in an early stage of divergence signal. Is ENCORP can hold the price position and continue with the price momentum hence close above MA20? Put ENCORP in your WL and watch out for the price rally with volume support the price movement.
R 0.545
S 0.400
R 0.545
S 0.400
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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.