EDE 0.00% 0.2¢ eden innovations ltd

asx guru, page-15

  1. 1,037 Posts.
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    Ps this is the article is was taking reference from ...

    Eden Energy (EDE) is a stock that I posted about last week when the company released their quarterly report which contained very impressive details regarding the development of a process that leads to the production of hydrogen, carbon fibres, and carbon nanotubes from natural gas. Going back to the original post and reading the full details is worth your while if you havent already read it.
    When I made my initial post I did express some doubt about the share price holding its gains. I did predict further short term gains in the share price but instead we saw a slight sell off. Though my timing was a little off I was encouraged by the modesty of the sell off. The chart was still bullish as the soft selling merely suggested that the stock was having a rest.
    Today, the bullish rest pattern was confirmed and the updated chart shows Eden Energys stock price rallying to a closing high of 10c. The market now seems to be catching onto the potential.
    This is potentially a ten bagger stock.
 
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