ENR encounter resources limited

Chart

  1. oke
    3,901 Posts.
    lightbulb Created with Sketch. 1087
    https://hotcopper.com.au/data/attachments/6303/6303246-465f67c6861fbae99c63e8b9dc0c0f4b.jpg

    Thought I'd start a chart thread given the upside potential here given all the tailwinds at company and commodity levels ... plus drill bit results to date

    Charts bullish but a little hard to read untill you look a little closer
    Sp closed on a slight retrace, lower volume but higher VWAP 85.6¢
    In the 3 week chart above, green volume bars overwhelm the red in size and number which is what you want to see for uptrend continuation
    The dip on 5/7 saw a bounce off the EMA(9) ... how many commodity stocks are there in the ASX above the that level ! Strong market support here
    Parrallel descending (yellow) resistance lines reveal a TA awareness at play.https://hotcopper.com.au/data/attachments/6303/6303250-a72e6d8de7b93c61c9260e3c8d3a7dd5.jpg
    35 point moves evident on the weekly
    Last edited by oke: 11/07/24
 
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(20min delay)
Last
24.5¢
Change
0.005(2.08%)
Mkt cap ! $122.2M
Open High Low Value Volume
24.0¢ 26.0¢ 24.0¢ $725.6K 2.974M

Buyers (Bids)

No. Vol. Price($)
1 65961 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 6 1
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
ENR (ASX) Chart
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