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Re: dalcindo post# 1877

Tuesday, 01/19/2010 11:50:09 AM

Tuesday, January 19, 2010 11:50:09 AM

Post# of 2145
F/U: ECPN - 12Month, WEEKLY Chart:

(Link above for chart)

ECPN started the week at the top of prior candle, testing bullish channel, but remaining at prior high.

It remains too premature at this point to assess whether this bullish rally is sustainable, especially as the stock starts the week at prior high without furthering any advance beyond last week's high - a pivot point that remains a strong resistance target for this current trading week, IMHO.

- Dalcindo

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