Is ENVB the best stock to buy because it has been breaking it’s trend with large volume and a 8% change in PPS in 5 days. Is it considered aa trending stock? Wondering why this stock is taking off, take a look 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! ENVB 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 if AXAS is the best stock to buy and if it is a trending stock? Below, is some of the basic information on this stock before we get in the technical analysis
Enveric Biosciences Company Information
Company Name: Enveric Biosciences Inc.
Ticker: ENVB
Exchange: NASDAQ
Website: https://www.enveric.com/
Trending Stock Enveric Company Summary:
Enveric is developing new and improved medicines to treat physical and mental ailments stemming from cancer and other conditions. Our mission is to improve the characteristics of psychedelic- and cannabinoid-derived pharmaceuticals by unlocking their full potential to create treatment solutions for a variety of indications with serious unmet medical needs.
Is ENVB the best stock to buy, let’s look at the news
March 1, 2022
Announced that it has filed its 10th Patent Cooperation Treaty (“PCT”) patent application directed to tryptamine-based derivative molecules, completing the Company’s broad series of PCT applications covering this family of compounds.
ENVB 5 Day Chart
Enveric Biosciences Technical Analysis, is it the best stock to buy:
First off, it is a trending stock because the news above is solid! Also, they did a public offering to the tune of $10 Million late last month. The real question is, is it the best stock to buy?
I don’t think it is but it is a solid option that appears to be setting up nicely for a bullish move soon.
#1 thing I like about it, it’s a huge bounce play with an upside of 100%
#2 thing I like about it it, it is trending bullish with good news
I hope I did a good job with my analysis of ENVB and if it is the best stock to buy?
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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