$ENVX showed some weakness in April by losing the blue support line but quickly regained this level leading up to earnings and bounced quite aggressive following the earnings report.
A jump from $6 to $10.80 was felt and now there is a needed pull back after such a large climb
Bulls will be looking for a hold on the 50 Day MA or at the very least on the blue support line at $7.30, if support can be shown, this can start moving higher as expected to Wave Z.
Zachary Alpirn
2024-06-11 21:06:06 +0000 UTC