ENJ is consolidating and this may continue, but no later than feb 16th @ 8:am PST. We have a great chance of breaking this trending resistance line with the help of bitcoin surging as well. The MACD, VOLUME & BOLLINGER BANDS are all in place and showing great signs of a major gain over the next 7 days breaking through resistant lines with no problem. However, theres always is a chance of breaking through trending support line, in which it will fall to test support levels of 1400. Setting a stop loss at the breaking of the support line. I can't tell you exact stop loss but will range from 1620-1690 as it gets closer to support levels. Again, we have a great chance of heading to the moon! I give 2 outcomes simply because there is always a small chance of a chart heading down the wrong road.
Keep in mind I am not a financial adviser...
Keep in mind I am not a financial adviser...