GREY:ENGFF - Post by User
Post by
zetaon Jun 09, 2008 9:04am
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Post# 15160331
Ta and Chart for Monday
Ta and Chart for MondayHi -- More of the same to close the week on Friday -- however, ENG is holding nicely above the bullish long white candle from last Tuesday, so -- this is a good sign. I would expect a breakout this week over the 20 ema and some attempt to form a new uptrend. As I mentioned previously, I think the bottom is in and it is just a matter of ENG turning and building momentum into a new uptrend. A break to at least $2 or so seems in the cards this week. Good luck on this one. Here is the daily chart. Zeta