ENSC $23 Target | Watch Before Market Open
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Well well well, ladies and gentlemen, e-n-s-c biosciences, so zaks.com zach, small cap research gave the stock a 23 dollar price evaluation on tuesday and the stock is make booming. So let's take a look at this and talk about pretty much what's going on so far. So what we're going to do is we're going to pop over here to like a 30 day 10 minute that will do what we need. So when looking at a 30 day 10 minute, you know everything you see here, just long term, you know trading levels is pretty much all they are so pretty much.

The way this this stands is um. Yesterday we broke up above the long term weekly mean. So that's kind of a break out. You will see.

We then pulled back to retest the breakout of the statistical mean you see that white line break out back to white line once we did that and tested the breakout. We have moved up to the next statistical weekly level. We have also broken that one out, so there is some possibility, we're going to come back down, maybe even retest, but for now what you're seeing is a very aggressive momentum move and your next target on the upside for ensc today will be at 7 43.. Now we could get these a little bit more accurate by throwing in some four hour statistical levels, which i will do currently right now.

So this is a four hour statistical level which is creating that top pre-market. You see that red line i just added. Let me show you over here, so this is the four hour time frame. Okay, you don't see this trend until we kind of add it to the one minute chart and change it red, so we've kind of tagged that trend line, so arguably that might be what's causing a lot of that down move you're.

Currently, seeing on the one minute you see how the market just pulled back to retest it, so this is actually a great learning example. So, for example, you see how we broke out pulled back to test. That's the same thing that just happened on the one minute and that four hour we broke out and we're coming back to retest the four hour trend there. So this is ideally a support level that some traders are going to want to hold.

So there would so it'll be no surprise. If you see dip, buys you see all the green that just came in there hold on one. Second, you see. Damn i don't even know.

Maybe it was this, but you'll see some buying just started happening right on that level and that's because that's a four hour there, it is again all those buys coming in people are getting filled filled in the 558s. You know five, you know 557s or whatnot they're. Trying to hold up that four hour statistical level, because if they do that's a really good sign, very bullish for the stock. So let's see this candle pop weird, not weird at all, so you see now what's happening.

Is you see how that candle didn't go full boner, since it didn't go full boner? It creates a breakout over that one minute and now people who trade one minute candle breakouts are now going to buy that breakout and help profit. Anybody who bought the dip off the four hour statistical mean. So if you knew the four hour statistical meals here, you could start slightly adding in a dip and then just basically hope somebody else comes along one minute after you buys a one minute, candle breakout setup, and then you have a ranging move all the way to The top of that one minute candle since there's really nothing to stop it, that's kind of a situation right there, um but yeah. I mean that's pretty much it you're you're, looking at ensc right now, you're hoping it stays over that that four hour trend in the immediate for continued bullish movement.
Otherwise, it's going to break down a little bit through that four hour chart um aside from that on the day you want to see maybe next target's up 7 40 and then after 7, 40. 10, then after 10, 12, 60 after 1260, 15, 28, after 15, 28. 17, 30 after 17, 30, 20, 50 after 20, 50, 23, 50, and by the time you get up here. If you get up there, the thing's really overbought and you should sell it down.

You see how the price target is 23 right, they're giving ensc a price target of 23.. The blue and the purple line basically are like the signal that this thing is extremely overbought, so the extremely overbought levels based on our charting system is also that of the current price target valuation. That's been given to it by zach small cap research, so that is not by coincidence. 23 dollars is basically the max that this thing can run before you would be an absolute freaking idiot for buying it.

So anybody buying this at 23.22 21s would be an absolute jackass, because it's extremely overbought so again that 23 price target is like throwing out the most ridiculous possible price target. This thing can go before you get into a zone. That's like wow, that's just absolutely ridiculous! So, like sevens tens twelve, i mean that's completely fine, because it's really not that overbought um, so yeah i mean other than that. That's pretty much it! So if you guys want to record down those prices um.

So again, your next target up is about 7 30 and i'm not giving you the four hours, i'm just giving you weeklies pretty much, but those would be all your weekly price targets going up. All right guys have a good one.

By Stock Chat

where the coffee is hot and so is the chat

10 thoughts on “Ensc $23 target watch before market open”
  1. Avataaar/Circle Created with python_avatars J Young says:

    Connor still doing it , been around for years man , good to see you have grown your subs.

  2. Avataaar/Circle Created with python_avatars Phoenix Trader says:

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  4. Avataaar/Circle Created with python_avatars SCADjacket says:

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  5. Avataaar/Circle Created with python_avatars Tom Markham says:

    So should I dump my whole port into ENSC?

  6. Avataaar/Circle Created with python_avatars Colton Luchsinger says:

    Soooooooo, You're saying there's a chance ;P

  7. Avataaar/Circle Created with python_avatars Richard E says:

    I don’t know how more people aren’t on the std dev train. It’s literally how implied volatility is calculated which is one of the primary drivers of the options market.

  8. Avataaar/Circle Created with python_avatars Makin Cash says:

    Free knowledge. Thank you again and again

  9. Avataaar/Circle Created with python_avatars 907AlaskanBull72 says:

    You the man! Still like tuning in and watching some BRT input on the day! Good shit muroki! Keep it bro

  10. Avataaar/Circle Created with python_avatars Go fund ME says:

    1

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