EnSync, Inc. (:ESNC) Stock Sees The Needle Move -87.18%

EnSync, Inc. (:ESNC) closed at $0.01 after seeing 2598593 shares trade hands during the most recent session.  This represents a change of -20.63% from the opening.  The shares have moved -87.18% on the week.

When setting up a personal stock investment strategy, individual investors often set short-term and long-term goals. These goals may address the questions of specific objectives, how to start achieving these objectives, and the amount of risk that the individual is comfortable taking on. Once goals are in place, the investor can start to think about the overall strategy, and how they are going to start building the portfolio. A large number of investors will not reach their goals that they created at the outset. There may be many different reasons for this, but getting caught up in the excitement and chasing performance may be near the top of the list. Investors who figure out how to focus on the right information are typically more prepared for the numerous challenges that arise when dealing with the equity market.

Stock market triumph can be just as much about learning how to minimize losses as it is about picking winning stocks. Not even the most seasoned professional investors are right all the time. Successful investors know how to act quickly and protect themselves from big losses. Sometimes those sure-fire stock picks don’t perform as planned. Being able to detach from any emotion that one might have to a certain stock can help with being able to cut and run when the time is right. Investors will often try to convince themselves that the research was correct and the stock will bounce back, but this can lead to extended losses and future portfolio disaster. Sometimes markets or individual stocks will move in a direction that nobody expected. Being able to take a punch and move on is what may keep investors from experiencing quick defeat in the stock market.

There are various types of investment philosophies that investors may choose to follow when approaching the stock market. Value investing involves searching for undervalued or bargain stocks that may eventually offer solid returns. Growth investors often buy companies that have highly promising growth potential. Some investors will choose to invest with a contrarian approach. This entails making investment decisions that are opposite of what the majority are doing, such as buying when everyone else is selling and vice-versa. Socially responsible investors may be searching for companies that subscribe to a high level of ethical or moral standards.  

RECENT PERFORMANCE

Let’s take a look at how the stock has been performing recently.  Year to date EnSync, Inc. (:ESNC) is -93.09%, -93.42% over the last quarter, and -95.68% for the past six months. 

Over the past 50 days, EnSync, Inc. stock’s -94.37% off of the high and 13.64% removed from the low.  Their 52-Week High and Low are noted here.  -97.28% (High), 13.64%, (Low). 

RSI

Technical analysts have little regard for the value of a company. They use historic price data to observe stock price patterns to predict the direction of that price going forward.  Analysts use common formulas and ratios to accomplish this.

EnSync, Inc. (:ESNC)’s RSI (Relative Strength Index) is 21.85.  RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.

When it comes to investing, overconfidence can be detrimental to securing profits in the stock market. When investors have some early short-term wins, this may lead them to believe that it is their skill and superior knowledge that produced the winners. All though this may occasionally be the case, investors may quickly realize that it is very hard to consistently produce winning results. Sometimes a few wins can lead the investor to believe that they can make any trade work. This may create a situation where the individual gets in much deeper than they should have. Conducting the proper stock research before any trade can help the investor make sure that they are getting into a position for the right reasons.

Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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