$ENG is a hydrogen/clean energy play that is primed for a breakout amid a number of bullish factors!

Here are some details on what the company does:

ENGlobal Corporation provides engineering and automation services primarily to the energy sector in the United States and internationally. It operates through two segments, EPCM and Automation.

With $ICLN looking to breakout , and the infrastructure bill expected to pass, clean energy and infrastructure stocks such as $ENG will benefit .

Recently it has completed a share offering (hence why there was a drop in the price about a month and a half ago), and they’re about to open a new plant which will be the first of its kind in the US According to GAAP revenue only counts when service is completed so the new plant will be in tomorrow’s earnings.

A quote from their PR “We have a number of upcoming opportunities to deliver similar innovative renewable solutions ranging in revenue value from $20 million to over $120 million.” MC = 99M.. With this new hydrogen plant will come multiple contracts… plant is expected to generate rev. as stated above” Such contracts would double or triple the market cap alone and the price with it.

they joined the Russel Microcap Index on the 25th of June

Here’s a link to my chart and technical analysis of it. It breaks down price movements, including the recent short hold by the hedge funds holding this

TA

I’m loaded heavy on options and shares. I hope you will join me for the run