Yesterday, I bought and sold Enova (ENA) for my first test using a technical indicator. For this, I used the RSI and Slow Stochastic. (Keep in mind...I'm not using very much money for my testing.)
I bought AND sold it yesterday for a nice little profit. I won't be able to retire from it. In fact, it really wouldn't even pay a day's worth of wages, but it was a nice result from a first test.
However, yesterday, I also mentioned that I would not usually sell things at that level.
I admit that the stock dropped a little. However, it's returned to the price level that made me sell yesterday. The Technical charts do NOT tell me to buy this.
I will keep you posted, but for now, my common sense--not the charts--are tingling like crazy.
This morning's price is $1.65 as of when I started writing this post
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