Enviva Inc. is the world's largest producer of wood pellets used for energy production. Will they survive or declare bankruptcy?
According to the chart, this most recent drop has wicked through the 2.618 for wave C of the expanded flat. We'll see soon what is to come.
Envivia is a biomass company that produces wood pellets. The thing that makes Envivia stand out is that they source their wood from trees deemed too mangled or ugly for construction or other purposes which cuts down on the expenses that most other biomass companies have connected to owning and managing their own land and cutting down their own trees. Envivia has...
All moving averages are up on all time frames.
RSI is up and not over brought or over sold.
The large green candle If it moves past 42.85 should continue on for higher gains.
