Judgment day... Longs or Shorts?
Updated
Earnings today (26.07), so this is a risky trade.
Ennovix has a large short interest (~25%) and is very volatile (weekly volatility is 6%). Stock is
Divergence on:
SMI
Willimas %R
RSI flat
MACD not perfect.
Ennovix has a large short interest (~25%) and is very volatile (weekly volatility is 6%). Stock is
- If this goes under $18.50 then get out.
- There is a small gap at $20.40, so this can be the 1st PT for 1:1 RR.
- A little longer PT is $26.
Divergence on:
SMI
Willimas %R
RSI flat
MACD not perfect.
Trade active
Great ER... price action very strange.It was possible to close trade at +20%.
Now back to Daily Base, so we will see. Trade still valid.
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