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ENZ Showing Bullish Flag With Strong Fundamentals

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Enzo Biochem, Inc. (NYSE:ENZ)  
marketinsider  
NYSE:ENZ   Enzo Biochem, Inc.
Pennant Flag Fibonacci
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pennant flagpattern fibonacci
Enzo Biochem has been in a strong uptrend since mid-2015 and has solid fundamentals to boot. More recently, the stock has been digesting its big gains in a consolidation flag pattern and is poised to break out to the upside within the next week or two. We want to be long ENZ, **IF AND ONLY IF** it breaks the upper resistance line of the flag pattern. Our short term target is $12.50 with room to head up to $16 if you let it ride.
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