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Thursday, July 27, 2006 7:46:14 AM
Look at the increase in MACD and CMF. Other reliable indicators such as Aroon and Accum. Bracing for large upturn with pending news. The trouble with most traders of pinks/OTC's is any short term delay and they think "Forget it".
Not so with EQBM. The T/A techs on the chart alone suggest a consolidation and major u/t soon. Most pinks and OTC stocks are driven by MOMO, volume, change in chart trend, period. With est. $19M in annual revenue from Dalian project/400M shares=.05 pps, or 8 X what trading for now. And the smart money knows it.
I know alot of investors in this stock so frustrated with downturn in pps and then basing, but the chart now is setting up for major u/t, IMHO.
Plus, more importantly IMO, seeing the trades @ level II being messed with by MM's (ie-bid @ .0056 passed up and .0042 bid
taken, over and over is BS.
Best Regards-Opinion only, do your own homework. Not a buy or sell recommedation.
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