On Monday for the second straight trading day, NIA's new #1 overall stock suggestion for between now and year-end 2020, Enterprise Group (TSX: E) was the 3rd largest percentage gainer on the TSX gaining by 17.95% to close at a new 52-week high of $0.23 per share. E's volume during the last two trading days was higher than its volume during the prior 32 trading days combined.
E has the most perfect chart in the market today! After making a bullish breakout past its short-term key breakout point on Friday, E is now rapidly approaching its long-term key breakout point and 700-day moving average of $0.278 per share.
When E most recently surpassed its long-term key breakout point and 700-day moving average back on January 8, 2018 of $0.3473 per share, E immediately rallied to $0.46 per share on January 10, 2018 and continued rising to a high on April 20, 2018 of $0.62 per share.
When E previously surpassed its long-term key breakout point and 700-day moving average on August 9, 2012 of $0.5098 per share, E rapidly rallied to $0.75 per share on September 5, 2012 and continued rising to a high on July 29, 2013 of $2.52 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
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