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: Bull pennant in play above 200-SMA

EUR/USD picks up bids after a subdued performance on Monday. After a dull start to the week, EUR/USD gains upside momentum, poking 1.1875 amid the early Tuesday morning in Asia. Weaker Momentum line challenges the up-moves but pennant confirmation could propel the buyers.

EUR/USD News

GBP/USD under pressure but around 1.3900

UK Marking Manufacturing PMI improved to 60.4 in July. Tensions related to the Northern Ireland Protocol undermine the pound’s demand. GBP/USD is at risk of falling in the near-term, mainly once below 1.3865.

GBP/USD News

USD/JPY bears not done yet

US Treasury yields plummeted as investors seek for safety. Japan is set to publish July’s Tokyo inflation, with the core reading seen at 0.%. USD/JPY has accelerated its decline, could fall towards the 108.00 level.

USD/JPY News

Editors’ Picks

EUR/USD: Bull pennant in play above 200-SMA

EUR/USD picks up bids after a subdued performance on Monday. After a dull start to the week, EUR/USD gains upside momentum, poking 1.1875 amid the early Tuesday morning in Asia. Weaker Momentum line challenges the up-moves but pennant confirmation could propel the buyers.

EUR/USD News

GBP/USD under pressure but around 1.3900

UK Marking Manufacturing PMI improved to 60.4 in July. Tensions related to the Northern Ireland Protocol undermine the pound’s demand. GBP/USD is at risk of falling in the near-term, mainly once below 1.3865.

GBP/USD News

EUR/USD: Bull pennant in play above 200-SMA

EUR/USD picks up bids after a subdued performance on Monday. After a dull start to the week, EUR/USD gains upside momentum, poking 1.1875 amid the early Tuesday morning in Asia. Weaker Momentum line challenges the up-moves but pennant confirmation could propel the buyers.

EUR/USD News

BTC and XRP correct in time versus price as ETH remains unstoppable

Bitcoin ends three-month decline with a compelling 18.35% gain in July while ETH is working on a historic 13 consecutive up days. XRP closed last week with the best weekly return since the end of April.

Read more

Looking ahead to payrolls as markets bounce on China / US truce

Equity markets have started the week on an upbeat note, after a bumper round of earnings reports in recent sessions have helped to boost sentiment. 

Read more

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