ETC entertainment media & telecoms corporation limited

Evening allJust been doing my nightly search on stocks and I've...

  1. 213 Posts.
    Evening all

    Just been doing my nightly search on stocks and I've come across a stock that I think will move positively tomorrow.

    ETC

    I havent followed ETC until I did my TA search tonight.

    These are the reasons why I think ETC will move tomorrow.

    1. ETC is currently in a short term uptrend.
    2. ETC broke out of a pattern today. Please note that I dont look at stocks that are currently in a downtrend and showing breakout potential. I believe that these sorts of breakouts are only shortlived. ETC recently broke out of its mid-term downtrend around early OCT and has since been uptrending.
    3. Strong volume on the breakout.
    4. Close on high of 2.70 cents
    5. A hunch **

    ** The hunch is based purely on a gut instinct from years of trading, hence the use of the term "hunch".

    As usual guys. I'm not a fundamentalist, so dont preach to me about how crap a company is, cos I dont care. If the price and volume action is telling me a story, then I'll buy into it. This philosophy hasnt done me wrong so far.

    Please, do your own analysis. If you agree with me, then god bless, otherwise, I love to learn and appreciate any comments (except sh1t comments from Goblin(s) about being a pillow biter. I'm (almost) married, so unless she's strapping on a piece, I aint bighting nothin')



 
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