With a mission to provide effective and affordable treatments for infectious diseases, Enzolytics Inc. (OTC: ENZC) has risen to prominence during the pandemic. ENZC stock has witnessed unprecedented interest from investors thanks to its ambitious mission to treat HIV and its unique AI technology. Currently, the company is looking to advance its collection of...
been a bag holder long time. seems a recent pattern of dropping 60ish percent around every 80 days. wish i knew more and could predict where the bottom was to get back some losses. i know not a real chart but something interesting i found while trying to use the elliot wave without luck
Technical Analysis Currently trading at $.068, ENZC stock has supports at .066, .059, and .054. The stock shows resistances at .0696, .076, .081, and .091. After a 35% increase, ENZC fell back to its support at .066 before bouncing back slightly. ENZC’s run was triggered by several strong catalysts and with more news expected soon, the stock could start...
ENZC has a great risk reward here. Plenty of positive news and collaboration to celebrate. The biggest issue is whether this route of "beating down small caps at all cost" is over. I think a stop of .1010 makes sense. Few % negative but if she starts to rally, 100%+ is a possibility in a short term. This is not a recommendation to buy or sell. This stock is too...
The chart broke down from our previous wedge, causing a wide broadening formation. We broke below the 0.618 fib level, would have liked to see a sustained volume shelf there creating a better support. Price will need to bounce from 0.1011 and close above that level or we will continue to see continued selling pressure. EXPECT ALOT OF VOLATILITY FOR THE REMAINDER...
It appears we just completed a 5 wave corrective pattern to squeeze the end of the triangle.... Bouncing off the 0.618 fibonacci level (the golden ratio). This is a classic bullish setup! Especially since we closed above the 0. 618 fib. 🤘🏻Future catalysts are closer than we think 🤘🏻 🐂Come on audited Financials and uplisting🐂
Here is a great risk to reward ratio for those that like to get in and out based off of Fibonacci levels. Stop loss set just below the 0.618 level, enter on small pullback that closes above previous days low.
All, This one should bounce now or at new area. Previous broken trend line is now support on top of previous demand zone support. One of the two will bounce watch reverse from daily on 4H/2H/15M. If it breaks under look at next level same thing. MAKE SURE to have a STOP MARKET loss on all penny stocks like this. I usually give 3-5% max. Always market stop loss...
2 PR's today, shorts hitting hard and we still ripping past targets! More PR's expected this week, on SARS2, potential buyout or partnership. Will continue to buy any dip as I'm super bullish on this company.
Seeing support at .3641. first resistance is at .4979. Stop is just under next support at .2647. 4.79R trade, plan to trim at least 50% of position if it hits target and letting the rest ride.
Wave 1 is the start of a bullish trend, it is SUPER hard to catch, usually everyone is pessimistic on the stock and nobody believes the move that its making. Wave 2. where we currently are and possibly just finished.... usually has lower volume than wave 1, The price usually does NOT go below 0.618 fib retracement line (which we haven't) :), however sometimes but...
We can see here that ENZC has had alot of good moves recently, for both the bulls and the bears. However, lets have a look at the fibs and see what that tell us..... Without news we can plan for a move to the 0.618 area @ 0.59 . That would be a 0.12 cent move, awesome news! Thats over a 20% gain from its current price. With news however, this stock could easily...
Small caps on fire today. Update to this chart. look for a dip. Generally price will stay toward that median pitchfork line, but i wouldn’t mind if it broke out of the pitchfork in the northern direction
$ENZC - ACCUMULATION IN 000 TERRITORY, FLOAT ALMOST LOCKED IN. WEEKLY SHOWING A KICK-IN-THE-DOOR BREAK INTO THE BOTTOM OF THE WEEKLY SLING BAND, AGGRESSIVE BUY SIGNAL IMO.