I bought into ESI on Fri. I am primarily a chartist and what i liked about the ESI set up was the steady accumilation over ther the the last 6 weeks. It has formed an ascending triangle pattern with the resistance being the 3.5c level. There were several vol spikes during this period but it never broke 3.5c. I also like the fact 3.5 was the support back in Dec and i think this level is now probaby not likely to be threatened again. To me it is a low risk (put your stop at 3.4)and a possible big return trade.
I will also add that i dont even know what ESI do and it doesnt bother me one bit.
chart for pj & crew, page-16
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ECT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $103 | 51.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 22837550 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 17697152 | 57 |
View Market Depth
| Last trade - 12.30pm 01/11/2024 (20 minute delay) ? |
| ECT (ASX) Chart |