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Old 10-20-2008, 08:07 PM
pro_trader pro_trader is offline
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Join Date: Aug 2008
Posts: 141
Default Re: EcoloCap Solutions - ECOS

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.
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