Envirometal Technologies Inc. (EVLLF)

[georgie18]

EVLLF...$1.32...Chart...Descending Channel Breakout setting up here...EVLLF has had a 400% range move up with a 60 Million range outstanding share count...Chairman of the board purchased 1 Million shares at .65 on the open market...

Descending channel patterns are short-term bearish moves that often form within longer-term uptrends as continuation patterns on a bullish chart...The descending channel pattern is often followed by higher prices when they break the upper channel...

The stock will continue to find the upper and the lower channel until it breaks either way...more times then not the break is to the upside with new highs...


https://www.otcmarkets.com/stock/EVLLF/news/EnviroLeach-Chairman-Purchases-1000000-Shares-in-Open-Market-Transaction?id=174569

Chairman purchased 1 Million shares at .65 on the open market...November 7, 2017...

NOTABLE SHAREHOLDERS MARCH 2018 (SOURCE: ENVIROLEACH)
Management & Directors 10.3%
Institutional (known) 9.0%
Mineworx Technologies 1.7%