ECT 0.00% 0.2¢ environmental clean technologies limited.

chart - triangle mature for breakout., page-11

  1. ds
    7,131 Posts.
    you can see it has changed its behavior since the last spike. Increasing prices and slowly increasing volume.

    There are a couple of serious trend lines that break if it gets back into the 3s.

    From spike to spike since 5/2008 to 6/2009 and then last months there is a nice downward sloper that seems to break at about 3c

    This is pretty long term but it has taken a long time for the company to get this over the line but it certainly looks like April/May 2011 is a solid turning period.

    I like to think of it in these terms -

    70% chance it trades 4c in the next 3 months
    50% change it trades 5c in the next 3 months.
    20% chance it trades 10c in the next 3 months.
    10% chance it trades 2c in the next 3 months.

    All just an opinion of course.
 
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