Encanto Potash Corp V.EPO.H

RE: Interesting trading today:

[eztwo1]

Fundamentals will prove the "tape", but I think Allenbow's post re: technicals has a lot to say.

EPO is very close to the recent uptrend line (based on recent lows) as well as almost to the 50 day moving average.  Some consider these to be insignificant with a junior, but I believe those lines to be very important and worthwhile to consider. From recent posts we know that next week and the following are extremely important, but tomorrow and Friday will hopefully show some support around today's low (+/- 1.5 cents)....that is important right now, especially in light of other potash companies doing so well.

I also agree with Allenbow's conclusion....several have done well, some are somewhat new... but if you still have shares the next few days will be very telling.  If you bought Encanto for its great story the price action will very soon
confirm how good the story really is.  The recent drop and volume are not confirmation signals, but understandably unsettling for some...IMHO....here's hoping for the support and then that "swift reversal" for us all.