$ENA
sell or not
Regarding whether to sell ENEA (ENA) stock, the signals are mixed. Here's a summary:
**Reasons to Sell:**
- **Sell Signal:** The stock recently issued a sell signal from a pivot top, and there are concerns about a further drop, especially with a negative trend in the 3-month MACD.
- **Diverging Volume and Price:** The stock's price has been rising while trading volume has been decreasing, which may indicate a lack of solid support for continued growth.
**Reasons Not to Sell:**
- **Support Levels:** The stock has solid support at 11.59 zł and 11.46 zł, meaning it might hold steady at these levels and even rebound.
- **Long-term Buy Signals:** The long-term moving averages are still showing buy signals, suggesting potential for recovery if the stock stabilizes.
If you’re not in a rush to sell, you might consider waiting for the price to approach a stronger support level or watch for clearer confirmation of an upward trend. However, if you're risk-averse or seeking immediate returns, taking profits could make sense.