Replies to post #73182 on Electronic Cigarettes International Group Ltd fka

[d0lphint0m]

There is nothing off the charts to show support at any price. One has to wait until the chart shows signs of making a bottom. Then, hopefully, we will try to form a base again, as we tried before between .25 and .32. Patience is the key. But for now it appears, as with most stocks in this sector, that it is dead money.

[d0lphint0m]

There was a downtrend line that was broken three weeks ago and gave me hope that we might have found a bottom and were going to start a rally but that was not the case. This downtrend line will offer support as the price comes down to test that line. Obviously the longer it takes to test it, the lower the price will be but currently it appears to be near the .20 area. Next week it will be closer to the .15 area.
http://stockcharts.com/h-sc/ui?s=ECIG&p=W&yr=0&mn=9&dy=10&id=p74003291106&a=415294274&listNum=1