Enron, the energy giant that failed in 2001 after an accounting fraud, was previously named Forbes’ “Company of the Year” for six consecutive. That award pushed analysts to recommend ENRNQ share as a buy. 

However, the stocks failed after a corruption scandal and an accounting fraud. Author Ed Ponsi explains how technical analysis could help independent analyst to know what they had to know to avoid this investment. 

“There is always something that you don’t know, and worse is that you don’t know what you don’t know… but the price never lies.”

Watch the full webinar: STOP losing money with technical analysis!

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Editors’ Picks

EUR/USD keeps reaching yearly highs

The EUR/USD pair trades near a fresh 2020 high of 1.2108, underpinned by optimism. Soft US data and stimulus talks further supported high-yielding assets.

EUR/USD News

GBP/USD struggles around 1.33 on Brexit worries

GBP/USD is trading around 1.33, far off the highs of 1.3440 after the EU's Barnier said that a Brexit deal hangs in the balance and that three issues remain open. Earlier, the currency pair jumped as the UK approved a coronavirus vaccine.

GBP/USD News

USD/JPY bulls on the sidelines as DXY crumbles to fresh 2 1/2 year lows

It is a mixed risk appetite mid-week following a strong start in global equities and high-beta forex which dampened demand for the greenback. 

USD/JPY News

Editors’ Picks

EUR/USD keeps reaching yearly highs

The EUR/USD pair trades near a fresh 2020 high of 1.2108, underpinned by optimism. Soft US data and stimulus talks further supported high-yielding assets.

EUR/USD News

GBP/USD struggles around 1.33 on Brexit worries

GBP/USD is trading around 1.33, far off the highs of 1.3440 after the EU's Barnier said that a Brexit deal hangs in the balance and that three issues remain open. Earlier, the currency pair jumped as the UK approved a coronavirus vaccine.

GBP/USD News

USD/JPY bulls on the sidelines as DXY crumbles to fresh 2 1/2 year lows

It is a mixed risk appetite mid-week following a strong start in global equities and high-beta forex which dampened demand for the greenback. 

USD/JPY News

Bitcoin price majestically rockets past $18,000 as $20,000 beckons

Bitcoin rally is in full swing as investors anticipate a final leg up to $20,000. The flagship cryptocurrency has in the last couple of weeks broken key barriers to top $18,000 on Wednesday towards the end of the Asian session.

Read more

Gold: Bulls back in the game, but resistance is strong

In the following series of analysis, we look at the price action of gold in a top-down illustration and derive where the next bearish opportunity could arise for swing traders. 

Gold news

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