EcoloClean Industries (ECCI)

[d0lphint0m]

I had really expected more of a run then from .005 to .015 because the weekly RSI stayed below 40 but it looks like this triple was it for this stock for the next few months. The question will now become whether the stock can hold the old low of .005 or if it will break it and make another leg down. Americanbulls.com had bought the stock at .006 based on candlestick formations and hadn't sold it at .015 so that also made me believe that there was a possibility of the stock going higher...but as I had said before, the major support at .015, since broken has now become major resistance. Wish I had cut my losses at that juncture but every time I put an order in to hit the bid they would lower the bid. It took no volume to drive the stock down.
It appears that the stock is doing what it did last November by giving (me) a buy signal having the 10 day moving average cross above the 20 day moving average only to fizzle out and head down for another two months before turning around in January and rallying through May.