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Ence presents a great 'double floor' of manual

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The stock recently activated an important signal of strength from the moment it was able to close / cancel the weekly bearish gap of 3.24 euros.

Technical analysis
DOUBLE FLOOR

Short term

Medium term

Long term

We have talked on numerous occasions in recent weeks about the important resistance zone of 3.24 euros in stocks. Ence. The weekly bearish gap in March that was filled in a couple of times in its entirety, but did not close, or what is the same, canceled. We were talking, due to the fact of the numerous dilations in prices, of 3.30 euros as a round figure, such as resistance to beat and weekly candles. Thus, the weekly bearish gap is already part of history. And now what we have in front of us is a big and clear double bottom with important bullish implications for the price. Figure that, if it is fulfilled, it is possible to think will take its time in addition to the corrections against trend that always occur (reaction phases). The minimum theoretical projection of the training points towards the area of ​​5.50-5.60 euros.

Ence weekly chart

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