eka techs, page-5

Hi towie, sharejon and OGG.

I would post a chart but the data I have is delayed by a few hours and won't display the right candle for today's trading. Nevertheless I see a few signals in EKA's share price.

--EKA has closed on its 20EMA which could act as support.

--It has not traded lower than it's 20EMA since the 15th of July.

--It has fallen away from the upper bollinger band which indicates that it's recent rally might be over for a little while.

--The MACD's are converging which is a bearish signal.

--There is a gap from 24-26cents. For most stocks, these gaps get filled because it acts like a vacuum if the share price gets close.

Maybe this isn't the news you wanted to hear aye. I guess the 20EMA could act as support, but it might also fill that gap from 24-26. Good luck!!