Replies to post #5703 on Eternal Image Inc (fka ETNLQ)

[ced70]

MACD is a trailing indicator so it is hard to predict the future off of that. However, it has found support at the 50 MA and resistance at the 100 MA, but it is forming a symmetrical triangle which is bullish. I think you have till the end of the week max before this makes a run. How far? I don't know....maybe only to a penny, but resistance is gone until you reach the 200MA at around 3-4 cents once you pass the 100MA at .0075. I think it depends on how long it consolidates. The RSI and OBV scare me a little because they are so high, but they have not formed a divergence yet.

[chart_md]

ETIM - nice...
I was of the opinion that the last 4 days have been the "breather"...

Also looking for a breakout before end of week.
Goodluck!

[fringe_remnant]

Update ETIM

Watch Wm's%R as it approaches the MA9.

MA10 crossed the MA20 and 50 today. ETIM will run soon after a quick touch down, unless someone upstairs decides there is a plug to be pulled. And on that I have no inkling. I just go by the charts.

You can review the updating chart by linking back one post via the thread here.

fringe

[Billybob_TX]

Nailed it fringe.

[dustin1101]

Fringe, what's your take now? Looks like the MACD 2,4,9 is turning and 10BBs are closing in quick. Two hammers in a row as well. Thanks.