We can see here that ENZC has had alot of good moves recently, for both the bulls and the bears. However, lets have a look at the fibs and see what that tell us..... Without news we can plan for a move to the 0.618 area @ 0.59 . That would be a 0.12 cent move, awesome news! Thats over a 20% gain from its current price. With news however, this stock could easily see $10 by end of year. HIV, Covid, etc... news is coming, i'm buying the dip every chance i get. If/when a partnership is announced this could easily see triple digits. Not to mention Enzolytics is one filing away from being SEC compliant and becoming one step closer to the NASDAQ ($3 price is needed). Do your DD and you can easily see a 6 x's return on investment.....
Well that didn't play out as planned. Looking at the chart, along with recent news, I'm calling for a decent recovery. Not sure about $10, but anything is possible I guess.
OptionStonker
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@jsdprogen, undoubtedly on all parts brother! After this week's news, I am even more excited than I was before the previous run up! It was crazy, drop, drop, drop.... I would never have thought it would come back down and retest these levels before!
jsdprogen
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@kohler1488, I'm not sure if you noticed but across the OTC there's been a terrible attack by short sellers. Good news pops, the stocks price goes up for a day or two and it's shorted back down to even lower prices. The Dow and S&p and NASDAQ are at record highs and across the OTCs, stocks are bottomed out. I'm not sure about the remedy here but something should be done.