A bullish structure has recently formed and the tradingview supertrend Buy signal was thrown up.
Today the 3c daily gap was filled. I think we should see some support starting to show given we are trading under the recent raise price of $10mil @ 4c
Also pegged on the chart are 2 open gaps above, these could be treated as potential short term targets however I note the largish volume node of overhang supply around the 6c mark which was created from earlier this year in Jan and April.
Above these targets is a historical resistance zone ~9.5c to 11c
I think the FA is fairly decent here too so this could be the turning point for the company.
GLTAH
ENL Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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