EN1 4 month chart -
- Bounced off 61.8% fib retrace following new high
- Compression pattern with lower high, higher low in the past 2 months
- Three White Soldiers spotted late in May showed initial signs of accumulation (~38m volume over 3 trading sessions)
Today's price / volume action
- Highest trading volume day in 2 months since 3 white soldiers
- Price closed above upper band following a small bolly squeeze
- Looks like an expansion breakout to test ST target of ~5c previous high
Bullish signals setting up for re-test of previous resistance. Good luck holders!
Hez
EN1 4 month chart - Bounced off 61.8% fib retrace following new...
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