Electronic Cigarettes International Group Ltd fka ECIGQ

[balamidas]

ECIG run depends a lot of Notes Conversion till debts restructured or worked out :

there is still out Notes being converted and

on Conversion dates the stock price is going down and on non conversion days the stock is moving Up

monday was conversion day ,Tuesday no conversion ,wednesday,thursday we saw conversion

Friday no conversion

chart is acting good through those conversions

higher highs, higher lows the last 3 sessions


but we are not seeing yet a consistent move (3 white soldiers) yet because of those conversions


hope we hear from them about a nice debt restructuring(refinance) that could result into a substantial move

till then we are playing sideways

support levels has been reliable big time here with ECIG