Energulf Resources Inc. ENGFF

RE: Zeta....question

[zeta]

Hi ss -- sorry,was having a coffee -- well, I will do a full ta after the close- but for now, I think it was very normal trading today - often after a long white bullish candle, there are always sellers, so the next day shows a bearish candle - usually narrow range  that holds in the upper half of the white candle. The volume is usually very low, which it was in the case of ENG - it held above the half way point and on low volume - so, not a disaster for sure - ENG will likely close right here around 2.75 to 2.80 -- does not really matter, the point is, this is just a minor set back and we should see continuation of that bullish engulfing candle from yesterday - The stochastic has also crossed over - bullish -- I would be looking for a good up day tomorrow - key breakout price is the high of today -- 3.05 - but failing this, any white candle will do and point to more uptrend - I think our stock has a new base in and we are going to see some good upside action. I bought more today and will buy more when it breaks out over 3.05 -- looks good to me, so -- relax and get ready to make some money - I know today was tough, but trading is not easy -- things are going to get better -- ta and chart later. Zeta