Enersis (ENI) opportunity on the pullback

enersis ENI pullback swing tradeStock: Enersis (ENI)

Long or Short: Long

Entry: $19.17

Stop-Loss: $18.69

Chart: Enersis (ENI) Daily Swing Trade Setup

Enersis ENI Swing Trade long

Reason for Trade: A lot of the charts are showing extremes in one direction or the other. You're either going through the floor or launching into the upper stratosphere. With Enersis (ENI) you have a stock that has had a nice pullback to key support levels and consolidated. Utilities are typically stocks that don't have a lot of volatility to them, but this one has enough that it warranted a long position on. 


press bottom


ryan1Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>

Get Ryan's Top Six Trade Setups for Profitable Trading eBook for Free!

twitterfacebookbuttonsrss feedyoutubeemail

enter-the-shareplanner-splash-zone-trading room

part-time trader 300x250

Splash Zone Banner for Day-Trading banner

SharePlanner Academy

SharePlanner Investment System