EGR Chart, page-4

Thx cromwell, I find charts fascinating to look at and pick up changes in sentiment long before they show in the SP in both directions. Reading them and taking into account the world situation, macro events and investor psychology definitely can give you insight early that a trend could be about to change. The hard part is backing yourself. I sense a change, something intangible has moved in people's thinking. Perhaps the Covid decline in Markets got a lot more people off autopilot and thinking about the future. My feeling is we don't understand how significant people, in Europe especially, have had an ah ha moment with clean air. Policies supporting that have to be good for the likes of EGR. Smart investors see this unstoppable trend and the collective mind of millions to effect change drives a trend nobody can stop. Some wait for confirmation and some risk more by going for it early, the old risk verses reward, fear and greed. Shares like EGR with a very small free float are much harder to enter after confirmation so the chart makes that decision a little easier especially with bullish divergence on the money flow, my favourite indicator.