http://stockcharts.com/h-sc/ui?s=ENT&p= ... 4000550550
This one looks like a classic pennant. A strong pole on good volume. Its making the pennant on declining volume, which is what we want to see. Average daily volume over a 3 month period is 640k. Resistance at 1.80 and then 2.30.
ENT, pennant formation
Moderator: Jesus H Christ
ENT, pennant formation
Bad spelling is a diversionary tactic
Re: ENT, pennant formation
If your just looking for a quick day trade, maybe.
You need to look at the long term chart of ENT - it is just horrible.
So much overhead, I'd be scared to hold it overnight
You need to look at the long term chart of ENT - it is just horrible.
So much overhead, I'd be scared to hold it overnight