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 retreats after strong NFP, weak German data
EUR/USD is trading below 1.11 after US Non-Farm Payrolls beat expectations with 266K and mixed wage growth. Earlier, weak German data weighed on the euro. Updates on trade are awaited.
GBP/USD shrugs off strong NFP, focuses on UK elections
GBP/USD is trading below 1.3150 but off the post-NFP lows. The US gained more jobs than expected. The Conservatives remain in the lead ahead of the debate between PM Johnson and Labour leader Corbyn.
USD/JPY: bearish ahead of US employment figures
Japanese data missed the market’s expectations, triggering fresh concerns about the economy. Focus on US employment figures, market players anticipate dismal numbers. USD/JPY is technically bearish could break below the 108.00 level.
Editors’ Picks
EUR/USD retreats after strong NFP, weak German data
EUR/USD is trading below 1.11 after US Non-Farm Payrolls beat expectations with 266K and mixed wage growth. Earlier, weak German data weighed on the euro. Updates on trade are awaited.
GBP/USD shrugs off strong NFP, focuses on UK elections
GBP/USD is trading below 1.3150 but off the post-NFP lows. The US gained more jobs than expected. The Conservatives remain in the lead ahead of the debate between PM Johnson and Labour leader Corbyn.
USD/JPY: bearish ahead of US employment figures
Japanese data missed the market’s expectations, triggering fresh concerns about the economy. Focus on US employment figures, market players anticipate dismal numbers. USD/JPY is technically bearish could break below the 108.00 level.
US recession? Not so fast, a calm look at the economy and currencies ahead of the NFP
Recent US economic indicators have been downbeat, but they include silver linings and are backed by robust consumption. Valeria Bednarik, Joseph Trevisani, and Yohay Elam...
Gold drops to fresh multi-day lows on upbeat NFP report
Gold faded an intraday bullish spike to the $1480 area and tumbled to fresh multi-day lows, around the $1465 region in reaction to upbeat US monthly jobs report.
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