Channel trade ENTG

With all the hype around semiconductor and chip stocks ENTG was bound to have its turn.. they don't neccesarily make chips but handle the waste from the production of chips amongst other things.

White lines are the channel
Yellow line was the downtrend breakout or double bottom
Greenlines/Targets are all fib ext

Macd is crossing bullish
RSI and MFI are in great position
Strong volume last 2 days indicating reversal