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23/03/10
16:29
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Hi Fellas
Thought, I put some TA on this stock, As the title indicates, ewc is getting very bullish atm with highers lows formed in the last week or so:
16/3/10 low =0.34
17/3/10 low=0.345
18/3/10 low = 0.35
19/3/10 low =0.355
22/3/10 low =0.355
23/3/10 low =0.360
In addition to that, macd well above zero since the 12/3/10, very strong sign of bullish pattern.
-FA is strong too especially that we all know that the power generator has not been fixed and is now working with boxes all ticked.
-DMI very positive as well with a +DMI 31, nice
-RSI is sitting at 68, over 50 is bullish
First resistance for ewc is $0.40, but i think this will be hit this week and exceeds it either this week or next.
Good luck holders
ARk
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