Evcarco, Inc.(fka EVCA)

[sevenOdouble]

You have a point when you look at it from a technical point of view, RSI is nearing oversold territory, MACD is also down, (no matter which parameters one uses), MFI is near the 20 benchmark line, Accum/Dist bends down...

But this all changes in a flash when good news follows through, thats why I'm not the greatest advocate for TA, because its always wisdom with hindsight if you spread them over an extended chart. It looks very obvious if you look at the past, in relation between price movement and the different TA indicators, but I find it hard to predict what the SP will do based on a day by day analysis.

Grtz