We can see a nice bullish engulfing pattern right at the support level. Enbd is a very strong stock and heavily weighted on market index when this stock moves market index moves too along with it. It looks bullish to me!!
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I dont trade this stock, however my followers trade this one so i do the analysis for them. I did mention in my previous analysis to wait for the buy signal to go long on this one.In thursdays session it made a nice bullish bar right at the support level which gives us a indication that bulls are here and interested to buy this stock. More upside expected.
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