TylorHunn

ESNC Reversal Possible

TylorHunn Updated   
AMEX:ESNC   None
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
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