Getting this thread back on track, a look at the charts, plenty to continue to like about the setup here:
Daily -
Price action trading above the 43day MA + volume increasing to support the recent move. MACD breaking up through the important 0 control line to confirm the positive price basis over the short term. In other words, look to add on pull backs!
A close above the 2c resistance level is key here, with 2.3c becoming the next target to clear. Once we see this level fall it will be a quick ride back to the 2.8c mark!
Weekly -
Good to see the gap closed back to the 1.8c mark yesterday. Weekly volume nicely on the increase with the current week on track to be larger than the previous two. RSI breaking out + MACD on the cusp of printing a positive cross to trend back to the 0 control line. I think this will occur with a price at / above the 2.3c mark.
2c - 2.3c range of interest here, with next resistance + the 43 day MA coming in at 2.8c
With how both the short and medium term setup is, Iam happy to sit tight and let this play out!
ECT Chart, page-106
-
- There are more pages in this discussion • 339 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ECT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.515M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 26777201 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 12168117 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 26777201 | 0.002 |
27 | 36936532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 12168117 | 25 |
0.004 | 5761488 | 9 |
0.005 | 3887859 | 25 |
0.006 | 5155234 | 9 |
0.007 | 918333 | 2 |
Last trade - 16.12pm 09/09/2024 (20 minute delay) ? |
Featured News
ECT (ASX) Chart |
Day chart unavailable