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1 point   posted on 10/20/08
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N/A
-9.56%
 risk: conservative

Chart looking constructive


Despite the fact that shares gave-up a little ground today, the technical picture not only look contructive, but looks to be building momentum. The stochastics averages have a steep upward bias and the MACD has just issued a bullish crossover signal. While we didn't get a close above the 13 day average today, we did penetrate it intraday and I suspect it is only a matter of time before we close above it. Shares should be purchased at current levels as it looks like we may be preparing to rally.

  Related to:  
ECOS Ecolocap Solutions Inc


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traderdrew   51%     1 point   commented 1298 days ago reply

how can a chart mean anything on this puny stock


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