EGLX stock price has been breaking it’s trend with large volume and an almost 100% change in PPS in 15 days. Wondering why this stock is taking off, take a look below. Before we do, remember to stop what you are doing and 👇 sign up for our newsletter below. 👇
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Before we get started, I wanted to introduce myself to you. Hi 🙋♂️ I’m Alexander Goldman and I have been successfully trading breakout stocks and trending stocks for two decades now.
I’m now helping traders find breakout stocks. My claim to fame is the expert at finding trending stocks.
What do I mean by big winners?
Stocks that move more than 100% in a month! EGLX Stock Price could?
Does that always happen, NO! But, I’m very good! Take a look at this article I wrote, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!
The article is HERE where I shine a spotlight on trending stocks and breakout stocks!
Now, let’s go over some of the basic information on this stock before we get in the technical analysis of EGLX stock price.
Enthusiast Gaming Holdings Inc. Company Information
Company Name: Enthusiast Gaming Holdings Inc.
Ticker: EGLX
Exchange: OTC
Website: https://www.enthusiastgaming.com/
Enthusiast Gaming Company Summary:
EGLX News
Feb. 15, 2022
Announced the results of its latest custom study with Nielsen (NYSE: NLSN), the leading global source for media and sports measurement, to measure the total social reach and Twitch viewership of the Company’s Luminosity Gaming esports audience.
EGLX 5 Day Chart
Enthusiast Gaming Technical Analysis:
The EGLX tock price has been affected the news that subscriber base has increased and hence volume increased due to the found interest. PPS has been solid with a bullish trend. The EGLX stock price has also been affected by this news delivered on Feb. 08, 2022. Enthusiast Gaming Holdings Inc. is providing select preliminary unaudited financial results for the three months ended December 31, 2021 (“Q4 2021”).
Revenue in Q4 2021 is expected to be $56.9 million, representing a 34% increase from revenue for the three months ended December 31, 2020 (“Q4 2020”), of $42.5 million, resulting in expected annual revenue in 2021 of $167.4 million (2020 – $72.8 million).
This breakout stock was catapulted to success last week due to this news cycle. EGLX is officially a trending stock and traders should place it on your watchlist today.
This is Alex, reminding all the traders out there to leave your emotions at the door and never, ever, try to catch a falling knife. I strive to find breakout stock alerts and deliver them before the market finds out. I sure hope you enjoyed this article, if you would like to receive more exclusive content from me 👇 sign up for our newsletter below. 👇
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