ESNT has pulled back to a level where I wanted to add, and I did add.
Benchmark Levels: $42 to $52 Watch level to re-evaluate the company and their prospects going forward
Short Fundamental Investment Rationale:
- They are making money annually and quarterly and are not going to go out of business.
- They are making money for their investors.
- The USA economy is in a confirmed uptrend and the indices are making higher highs
- The beginning stages of economic growth although slow, it is still quite real.
Technical:
- Fib confluence
- Channel support
- pullback
Benchmark Levels: $42 to $52 Watch level to re-evaluate the company and their prospects going forward
Short Fundamental Investment Rationale:
- They are making money annually and quarterly and are not going to go out of business.
- They are making money for their investors.
- The USA economy is in a confirmed uptrend and the indices are making higher highs
- The beginning stages of economic growth although slow, it is still quite real.
Technical:
- Fib confluence
- Channel support
- pullback
Trade active
Trade active
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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.
Related publications
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.