$ENS Potential IH&S and Wedge breakout $BULLISH #headandshoulder Lång

NYSE:ENS1D

EnerSysNYSE

Beskrivning

⋅ 26 jul 2019 20:52

Huge Long opportunity for ENS - breakout of this wedge would be technically very bullish and I see a nice inverted H&S

Kommentera

⋅ 26 jul 2019 20:54

Kommentera

⋅ 26 jul 2019 20:55

Kommentera

⋅ 26 jul 2019 20:57

Chart Patterns Inverse Head and Shoulders

Kommentarer

ZenMode

⋅ 27 jul 2019 20:51

Tons of great ideas! Thanks for sharing that insight. @mgilmore

UnknownUnicorn908250

⋅ 27 jul 2019 14:46

Big picture

Looks like it hit a .618 extension from the 2008 bear market. I've been noticing this has been happening on a lot of stocks, as well as indexes.

UnknownUnicorn908250

⋅ 27 jul 2019 14:51

Zoomed in a bit

Mid 40's RSI seems to be the support on the weekly. Looks like it's already broken out of the descending wedge - and even retested the trend line. Earnings are coming up, looks like a 50/50 trade to me personally.

UnknownUnicorn908250

⋅ 27 jul 2019 14:55

Ideally support on RSI would be above 50. When it's below 50, the trend is basically down. You can see bearish divergence on the monthly above. There's gotta be better long setups out there.

Mer