ENRC Support & Ressistance

Hi can any one please help with support and resistance for this one. Thanks.

acca01, here's my take.

Weekly
dl.dropbox.com/u/21384991/Eurasian%20Nat%20Resw%20%28DFB%29.png

Daily Close Up
dl.dropbox.com/u/21384991/Eurasian%20Nat%20Res%20%28DFB%29.png

I would wait for a close above the red trendline, there seems to be a trendline and an area of horoizontal around 420-430.

After it closes through the trendline, look to enter on the backtest.

Hope it helps.

It sure has been a bull of late.

History shows that 435 (approx!) could be a ceiling to test (its been a while mind!)



the 50 MA is about to cross the 100 MA (not as a significant as 50 crossing 200, but it might be a tell!