ESNT: Super Stock (fundamental-Techno Investment)
ESNT has pulled back to a level where I wanted to add, and I did add.
Benchmark Levels: $42 to $52 Watch level to re-evaluate the company and their prospects going forward
Short Fundamental Investment Rationale:
- They are making money annually and quarterly and are not going to go out of business.
- They are making money for their investors.
- The USA economy is in a confirmed uptrend and the indices are making higher highs
- The beginning stages of economic growth although slow, it is still quite real.
Technical:
- Fib confluence
- Channel support
- pullback
Benchmark Levels: $42 to $52 Watch level to re-evaluate the company and their prospects going forward
Short Fundamental Investment Rationale:
- They are making money annually and quarterly and are not going to go out of business.
- They are making money for their investors.
- The USA economy is in a confirmed uptrend and the indices are making higher highs
- The beginning stages of economic growth although slow, it is still quite real.
Technical:
- Fib confluence
- Channel support
- pullback
Trade active:
Trade active
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
