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Re: gltaihub post# 903

Thursday, 03/07/2013 11:58:16 AM

Thursday, March 07, 2013 11:58:16 AM

Post# of 1111
ECTY Chart........Parabolic SAR just flipped to Buy signal today Alert........

A DOJI is forming on today's chart right @ yesterday's HOD level.......HOD today is higher than the Highs made on the 25th & 26th......that's significant.......

The key today is for ECTY to close above the closing price on the 25th.....that will be a new high close above resistance.......it will signal the move higher........

Just took a quick glance @ a longer term chart......VERY BULLISH!......a double bottom formed @ the end of 2012 & it's been a bull run ever since...... A very strong bull run w/ back fill along the way......just what you want to see......

I'll post a longer term chart to show the strength of ECTY........Fast Sto @ 82.14.....just crossed into overbought Power Zone......the last time 80 broke on the Fast Sto was the 22nd & a nice % gain followed........

1st support level is MA(10) @ 0.794........2nd support level is MA(20)/Middle Bollinger Band @ 0.716......as long as ECTY stays above MA(20) the uptrend should continue.......

This chart shows ECTY has been riding between MA(10) & the Upper BB since Jan........upper BB is the sell level & MA(10) is the buy level.......back & forth like clock work providing easy trading opportunities......

Nice Chart.......ECTY looks set up to make run to dollar land.......needs to bust through Upper BB resistance & close above the 25th's closing price to head higher......$$$


Learn to read Charts & Technical Analysis.....all are welcome....post your own charts & T/A & join the discussion
http://investorshub.advfn.com/$$$Ospreyeye-Charts-Technical-Analysis-&-Japanese-Candlestick-Patterns$$$-26060/

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