Compliments www.chartchat.net.au
ENE is bouncing along the 200 DMA support level (dots) with divergence (blue line) indicating a rally is due on a break of $4.76 for a conservative target of $5.40.Chart Chat notes are based on our experience of applying technical analysis to the market and are designed to be used as a tutorial showing how technical analysis can be applied to a chart in real time to identify potential profitable trades
ENE is bouncing along the 200 DMA support level (dots) with divergence (blue line) indicating a rally is due on a break of $4.76 for a conservative target of $5.40.