GREY:ENGFF - Post by User
Post by
zetaon Jun 09, 2008 4:42pm
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Post# 15163345
TA AND CHART FOR TUESDAY
TA AND CHART FOR TUESDAYHi -- Very nice day for ENG and I think we can expect a lot more to come . That is a very bullish F-Tam Bullish candle today -- a very strong buy signal, so, I was buying today as well -- The stochastic is also bullish, confirming this strong move today - so, with ENG sitting right on the 20 EMA, the new uptrend is just around the corner - Look for 3-4 strong up days now - likely over $2 tomorrow and then a quick move to $2.50 -- Am I bullish about ENG ?-- -- you bet I am and have been since that reversal last Monday and Tuesday. So -- I think now is the time to sit tight with your long position and let the momentum build -- the more bullish the chart gets, the more certain we can be that there is good news coming down. Have a good evening and get ready for some serious upside over the next week or so. Good luck with this one. Here is the daily chart. Zeta
