Enthusiast Gaming Holdings Inc T.EGLX

Next Monday should be very interesting

[88guy88]

the bank news will get more eyes this weekend and likely more down pressure on US Market in the finance area.....more runs on the smaller banks and the market will be very nervous

Markets will continue down and that means pretty much all prices will go with the flow

This stock and most stocks will be on sale next week again.....patience

[1condor]

Lets not forget that the toxic state of the U.S. government will for sure see them run right up to the final hour towards default on their debt. So to say the least It is going to be interesting (I expect the market fear gauge will be right off the scale on the extreme side). To deal with this inevitable outcome I am sitting in 40 percent cash..and will pick away at the vast amount of opportunties

[88guy88]

Cash is KIng.....for sure....I too am cashed up and just waiting to spot the opp.....it might be like 2008 when even the Canadian Banks were half price and an easy double at that time....fear was really high in 2008....I think the SVB fiasco is just the tip of the iceberg Buying stocks that are going down is really challenging....even after all the technical analysis Another factor is both Fed

[1condor]

I still like around the 82 cent level for an entry point on EGLX. Like I said before I have some cash to add if it dips into the 70's. 

[88guy88]

its not moving much....I think tomorrow will be a 70 something trade....this is the first day of the "bank" scare in the USA and its rolling over into Canada with our banks here....tomorrow is also the Fed so those comments will move the market ..... no reason to rush in at this point....

[1condor]

I wouldnt worry much about the US fed as they are for sure on hold now and dont be surprised if we see a "cut". I know thats hard to believe..but very possible...even though inflation remains elevated. I suspect the stock market is going to rally this week and EGLX will again run towards a dollar in the short term. I should also mention...that Canadian banks are also a no brainer at

[DeepCove11]

https://www.baystreet.ca/techinsider/3532/Is-This-Esports-Stock-Ready-to-Rebound-in-2023