After the plunge, everyone said the stock was beyond saving… but just as the price regained momentum, buyers started entering the market again.
$ENSO — Long
Entry Point: 1.26 – 1.29
Stop Loss: 1.18
Target Price 1: 1.34
Target Price 2: 1.40
Target Price 3: 1.47
The strong rebound from the lows indicates that buying is underway.
If ENSO can hold the breakout area, the upside potential could be greater than expected.
Most traders only believe a reversal is imminent after the next upward move.
Long $ENSO