ENER (Energy Conversion Devices) is a leading supplier of hybrid car batteries and player of alternative energy (e.g. solar). Yesterday (30 Aug), ENER break its 4-months downtrend by making a new higher high with a spike in volume.
The next target level ranges from $39.28 (38.2% Fibonacci level) to its 52-week high of $56.00. Stop-loss at $31.91. Currently, ENER is hovering at $35.51. This stock might be slow in movement. Have to be prepared to stay in the game for a few weeks.
- PersianCat04 (Millionaire-in-progress)
2 comments:
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- Thomas
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