Evening all
Just been doing my nightly search on stocks and I've come across a stock that I think will move positively tomorrow.
ETC
I havent followed ETC until I did my TA search tonight.
These are the reasons why I think ETC will move tomorrow.
1. ETC is currently in a short term uptrend.
2. ETC broke out of a pattern today. Please note that I dont look at stocks that are currently in a downtrend and showing breakout potential. I believe that these sorts of breakouts are only shortlived. ETC recently broke out of its mid-term downtrend around early OCT and has since been uptrending.
3. Strong volume on the breakout.
4. Close on high of 2.70 cents
5. A hunch **
** The hunch is based purely on a gut instinct from years of trading, hence the use of the term "hunch".
As usual guys. I'm not a fundamentalist, so dont preach to me about how crap a company is, cos I dont care. If the price and volume action is telling me a story, then I'll buy into it. This philosophy hasnt done me wrong so far.
Please, do your own analysis. If you agree with me, then god bless, otherwise, I love to learn and appreciate any comments (except sh1t comments from Goblin(s) about being a pillow biter. I'm (almost) married, so unless she's strapping on a piece, I aint bighting nothin')
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ETC
entertainment media & telecoms corporation limited
to move higher tomorrow
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