ENJ has formed a Bullish pennant. This pattern is gonna Increase the Measured Price movement as much as the measured Price movement( Flag pole). since the break out has not happened yet, we shall wait for it to happen and after that take a Good amount of Profit,because we are talking about a NEW ATH!
Summery: -ENJ is in a Bullish pennant -Can Increase as much as the Flag Pole -No break out yet! -Creating a New ATH is Possible!
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Thank you for seeing idea . Have a nice day and Good luck
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