Consolidating gains at 50% retracement from ATH - Uptrend intact

After the huge break out on April 7th to touch an all time high on April 9th, ENJ retraced back to the previous break out zone 2.70/2.80 and it is now consolidating its recent weeks gains in the 50% retracement level from the move from the lows on April 7th to the highs on April 9th. Once this consolidation is over we can expect uptrend to resume towards 4 level and beyond. Any pullbacks down to 2.80 should be seen as opportunities to add to long exposure. Stay long!!!!