🌧️ ENJ Potential Breakout

2021년 4월 5일

ENJ has been in a symmetrical wedge for a while now. It is expected that ENJ will breakout to the upside soon with the JumpNet release. We could see a retracement and then breakout of the wedge to the upside. Make sure the breakout finds support at around $2.4 - $2.5 before confirming the breakout. From there, we can expect ENJ to rocket in price to approximately $3.7.

Of course, since it's a symmetrical wedge, ENJ could also break out to the downside. This could certainly be a possibly if there is a dump after JumpNet release (sell the news, right?). Therefore, it is prudent to wait past 6 April and also the breakout of the wedge before entering the trade.

2021년 4월 5일

노트

ENJ is breaking out from the symmetric wedge to the upside, waiting to test support around $2.5. While this seems great, not sure if there will be a dump after JumpNet releases.

2021년 4월 6일

노트

False breakout, will have to wait if there's a dump after JumpNet launches.

2021년 4월 10일

거래청산: 타겟 닿음

Take partial profits at $3.73, for take profit level 2, expect $4.8.