I was surprised at how quickly EIF come back to the 14c lelvel as well. There announcements seem positive. A possible reason lies in the 3yr chart, its up and down like yo-yo. EIF's yo-yo price history would have induced a fair amount of selling.
Its a critical stage now whether it can hold 13.5/14cents. You get the feeling there is alot of selling off the screen ready to stop out if it falls any further. I've set my stop loss at 11cents, below where most others would be at as i want to hold as long as possible for the upside potential these guys have this year.
EIF
eiffel technologies limited
