My thoughts were based on charting. If it had broken through the 30cent mark when i said then it would have had a clear breakout through the pressure line. It touched it and fell back in between these lines. The suport line and the presure line wil match up next week. If the suport line is greater than the pressure line then we will see a massive short squeeze and a bounce back to 50cents or so in a matter of weeks. A close match up on the intersect lines will be around the 16 to 17 cents. Could be a few cents wrong - charting is not 100% accurate but gives a nice view of where to buy/sell...
Like i said i sold in the $1.20's so to me a buy in the low 20's is immatrerial when compared to a purchase in the high teens. This is one bounce i do not want to miss!!!
As for Whoever said that i leave my figures open for interpretation and varied then maybe you should re read them!!!
Look at the graph i posted... explains it all!!!
Good luck to all holders
EWC Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held
