EGR 4.55% 10.5¢ ecograf limited

EGR Chart, page-23

  1. 1,416 Posts.
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    I will try but it is not really a daily thing for me. What I have already said appears to be taking place atm. Today we finished on the high with good volume and a rise of circa 17% to close at 10c for the first time since Sept. last year. I did not think the recent highs at 9c would offer much resistance and so it proved. It also looks like buyers are being attracted while sellers are dropping off. I would not be surprised if we had a bit of consolidation at these levels but equally there is a case for a continuation of buying as FOMO kicks in. Many of our pesky friends would be looking on with envy right now wondering if this could actually be a sustained rally and change of trend. I would be pleasantly surprised if we tested 15c this week. That eventuality would bring both Twiggs money flow indicators above "0". That will be "game on" time IMO. A big announcement would be very helpful. Hope that helps.
 
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11.5¢ 29814 3
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EGR (ASX) Chart
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