TylorHunn

ESNC Reversal Possible

AMEX:ESNC   None
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1
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We recently saw a double bottom here at 32 cents. I would set that has a potential entry point or if you want to wait and confirm the reversal, look for a bullish divergence in the RSI or a solid candle breaking above the bearish trend line . Target is 50 cents meaning a potential 50 percent profit. Good Luck!
Comment: The initial target was reached but my final target is around 75 cents so hold if you want another 80% profit or so
I've been watching this one a while and have my sell targets set at 66 cents and 75 cents
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