ENG Swing Ahead of August Earnings!

Panjang

ENGlobal Corporation (NASDAQ:ENG)

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NASDAQ:ENG ENGlobal Corporation

trendanalysis chartpattern fundamental eng oil energy energystock industrials sector breakout

I am considering current theme of oil tickers with industrial, multiple pipeline incidents in recent history including most recent ocean on fire incident. ENG looks good from a technical perspective getting a falling wedge breakout on the 1 year 1 day with volume! check out the support and resistance levels and ask if risk reward is good for you. Do not trade based on these charts make your own plan. Current price 3.23.

Komen:

This one was wrong, tbh I think the theme started to wane, and oil related plays typically all run together then fade just as fast.

Penafian

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