Since the beginning of this month, Encanto Potash Corp. (CVE:EPO), (PINK:ENCTF) has been constantly going up. Three days ago it noted a record closing price on a volume of more than 5 million shares traded.
The peak was during the next session, when stock shot a new year high at $0.540, though the turnover was twice less than the previous day.
Perhaps this was the turning point. From that moment on, a downward movement began. Yesterday, EPO lost 4% of its value and was $0.475 at closing.
This does…