JayFreed, it would be my greatest pleasure if I could predict to the point, where this all will lead us. I don't refer to crystal balls though. Last week, I predicted .002-.003+ (for the first run). I was correct (though I would have been happier if we peaked at .003+ before the Fib). However, .0024 was not disappointing by any means. Not when you consider it started at .0003. Ain't a bank in the world that can give you that kinda return in under a week!
So, where will we go now, since the first Fib retracement occurred? Hard to say. Much depends on who 'pumps' it. Depends on who 're-loaded' or will be 'reloading'. Depends on 'competiton', too. If nothing else is looking good, ECPL will continue to catch attention. Kinda like a 'bottlenecking' into the stock.
One thing I'll say for sure (again, dilution notwithstanding), a retest of .0024 is imminent. Where it goes from there depends on investor perception of the fair market value of the company's current status.
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