Trade Alert: ENOC Breaking Out

HedgeFundLIVE–

ENOC

EnerNOC (ENOC), the company that develops and provides clean and intelligent power solutions to commercial, institutional and industrial customers is up 22% today after being upgraded by Credit Suisse.   Looking at the chart above you can see the name is really starting to break out and although a huge move today I think the stock may still have momentum.

1)  ENOC is breaking out today on significant volume, already doing 3x it’s day day average.

2)  ENOC is still down 14.5% for the year and there could be significant room to the upside.

 

CLICK HERE for the full article. 

http://www.hedgefundlive.com/blog/trade-alert-enoc-breaking-out

 

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