lowtrade

[lowtrade]

Should be a long wait for action. A single huge volume spike doesn't signal anything more then possible funding level and attention pop. It could take weeks to months before anything happens, if it does.

Also when charting an OTC trade. I recommend looking at a 3 month swing trade chart. Your plan is to trade now, not history long ago. Where most following the OTC stock are already gone. History means squat on the OTC. 6 month chart is about the longest one, one should look at with OTC stocks IMO. History is used for investing long and I hope you have no plan to buy long and strong on any OTC stock.

I see from the 3 month, it just had a lightning strike where the herd is now trying to save their emotional butts dumping out of. If this was a darkside play start, they won't let the retrace to get below 50% FIBs, in most cases. This one is already at 61% and falling. Probably just the price and volume pop used to draw the retail herds attention, as I've posted about Soooo many times.

http://stockcharts.com/h-sc/ui?s=ECOB&p=D&yr=0&mn=3&dy=0&id=p70979262516


Got your attention didn't it ! All part of the OTC game set up found in old posts here.