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Enquest still a “solid” bet but the best has been

The best may have been and gone for oil and gas producer Enquest Plc (LON:ENQ), but it still might be worth a gamble says Zak Mir, who reckons the stock could another 10% or so.

In the latest Tip TV segment, Mir says: “The best of the move in the recent past has already been achieved, [but it is still] a solid looking situation both technically and fundamentally.”

“We had the breakout through 30p at the beginning of December and really it’s been up, up and away ever since.

“It looks as though we can head up towards the top of last year’s trend channel of 50p while we hold above 40p.”

Quick facts: Enquest Plc

Price: 11.48 GBX

AIM:ENQ
Market: AIM
Market Cap: £194.68 m
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