Chart

Daily chart of ECW

We have a pretty gorgeous ascending triangle with higher lows and a resistance level at ~9.7c (Green lines)
This is the first time in 22 months that we've seen this stock close above the 200 moving average (Yellow line), and managed to stay above it for a few days now.
Long term resistance from over 2 years ago (Light-blue line). If this gets broken on volume, we'll be on a nice swing to the upside.

Momentum is shifting. It's slow, but waiting for confirmation.



Zoomed out view of the daily chart to show the long term resistance level.