Charts, page-604

Oh, damm, ECT. I was hoping you'd pick your other stock of interest ... SYA!

Seriously, penny dreadful stocks like ECT I stay away from, both from an investment pov and a TA pov. Why,? Because they are far too illiquid for my liking and therefore unreliable to rely on most TA signals and set-ups that seem to appear ... IMHO.

ECT only has a weekly 20ma vol of 6.12mil atm, equating to a net $ trading turnover of only ~ $73,400, and its declining. OR, from a Daily perspective, that's only ~1.2mil/day ave(merely $14,700 net value/day of trade).

In addition, I see from a Daily chart that there are numerous days that it doesn't even trade at all together with sequences of non-trading days. This is a vital 'Trading/TA 101' clue that tells me not to rely on almost all momentum indicators that most TA'ers use for their chart analysis.

Hope this helps, HC...

Apologies to other LLL TA'ers here for discussing another stock ... I was just answering HC Trader's question also posted here.