vf_investment

ENVX - Short Position

Short
NASDAQ:ENVX   Enovix Corporation
On the chart we can see that the price of ENVX is approaching the horizontal resistance. The move seems to be overextended. Therefore, it is reasonable to expect a pullback before continuing higher.
Moreover the RSI indicator is showing that the asset is currently overbought.

The entry, the target and the stop loss are showed on the chart.
Good luck !

💥 Free signals and ideas ➡ t.me/vfinvestment
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.