My first pick:
TA LONG:
ECQ - Market cap $6.08mil. Biotech company. Bottomed out at 0.5c and in the last week has shot back up from this support level. On the daily there are two resistance levels, 1.4, 1.8 and 2.2. The first was broken on the 13th after probing resistance. The second was broken today on HIGH volume. Once resistance @ 2.2 is passed there is little in the way stopping the sp rising to 3.1c. Most importantly is there is a gap remaining (light blue) between 4.9 and 5.7c. So plenty of targets to hit. Key resistances marked on the chart. I currently hold with a 40% profit.
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Dani Nadri, Country Manager Australia
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