Entegris Inc. (ENTG) – stock is trading around $50.01 dollars as of December, 16, 2019 and offering a possible buying price between $48.36 – $50.78. Let’s look at the stocks technical actions using a weekly chart.
2. After a nice run up since end of July, the stock witnessed a kind of washout week in October. It wasn’t too perfect washout, even though it ended the week at the top of the price range, as the volume wasn’t that explosive.
3. The stock is trading well above the 200 day moving average (DMA) line.
4. The stock found support at the 50 DMA all along, it also regained it after briefly trading below the line for couple of weeks.
5. The stock is offering possible buying price between $48.36 – $50.78, with a stop loss at $44.49.
This stock is already part of the Stocks Under 100 Dollars pick and performance will be tracked here .
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