ENT, pennant formation

[Trampis]

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.

[KC Scott]

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