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1 point posted on 11/05/08

N/A

pro_trader:

-9.56%
risk: conservative

Coiled spring

The trading range on ECOS continues to get tighter and tighter. This normally implies a stalemate betwen supply and demand which eventually gives way to one or the other. Given the oversold condition of the stock, it looks as though the break could be in favor of the bulls. Shares could be acumulated at current levels and added to on a break above $0.30.

Related to:

ECOS

Ecolocap Solutions Inc

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Ecolocap Solutions Inc (ECOS)

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