EN reached 23 years resistance line, with 2 ascending triangles.
Monthly 200 SMA as resistance
Monthly 20 SMA acting as Support.
Due to overall negative market conditions, uncertainty, higher yields, I don't think this is the best time for EN to break this resistance and make a move higher.
PUT option are cheap - trade open.
(Not financial advice)
Monthly 200 SMA as resistance
Monthly 20 SMA acting as Support.
Due to overall negative market conditions, uncertainty, higher yields, I don't think this is the best time for EN to break this resistance and make a move higher.
PUT option are cheap - trade open.
(Not financial advice)