demyanchuk
Long

ENS Stocks' local consolidation for future price increase

NYSE:ENS   ENERSYS COMMON STOCK
With the prevailing longing movement there is potential signal which is gonna prove buying trend - flag formation .
It's good to notice that there is a good probability of false signal formation - breakout of bottom flag's line.
In our opinion it shouldn't confuse traders. Enter the position only after top flag's line breakout.

Also we see that recent correction with diminishing volumes (e.g. divergence) and that 60.00 price was broken with high volumes, e.g. volume of trades confirms our vision.

The vision and recommendation is to buy.

Entry point 65.00 ( top flag's line breakout)
Stop-loss 62.25 (flag's low price)
First Target 75.00 (according to Elliot's wave and sizing methods)
Risk/return ratio 1:3.64

Ähnliche Ideen

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden