Electrical Stock Could Keep Pushing Higher
ENVX is flashing a “buy” signal on the charts
Electrical stock Enovix Corp (NASDAQ:ENVX) is down 1.6% at $10.04 today, on track for only its second loss in the last 11 sessions. Today’s pullback could be short-lived, too, as the recent rally has ENVX flashing a historically bullish signal.
ENVX just moved above the top band of its 20-day Bollinger Bands. Per Schaeffer’s Senior Quantitative Analyst Rocky White, the shares moved higher the past nine times this occurred, averaging a…
