ECU 3.85% 25.0¢ eastern corporation limited

ecu eastern gas stock to watch

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    Eastern gas ECU
    *********************
    .>>>>>>>>>>>>>>>>>>>>>>STOCK TO WATCH ????
    reconstruction completed 1 for 10
    only 71 millions shares on issue
    MOU for selling coal assets 10 millions
    gas prospect were looking good , but indeed no news>>>
    no news could be the trigger soon
    on chart reading
    we did accomplish intermediate support at 16 with a surge to 19.5>>>
    like to see consolidation at those levels >>>
    if break down , means down to next support 12, seems unlikely.
    but in this market caution is required
    if it break up 19.5 should have a run.. which is long overdue

    TM
 
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Currently unlisted public company.

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