SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SCOOBEY-DO who wrote (2901)10/19/1999 11:23:00 AM
From: Ronald P. Margraf Sr.  Read Replies (2) of 18222
 
Hi Scoobey,

Well now, I guess my 11 a couple of weeks ago wasn't to far off.;-(((((( Wish I was wrong but now that it is there/here, I think that we could see a jump, bump or what ever you want to call it. If I may make a comment as to you question.

1) Keep an eye on the ADR/ADX. This seems to move first followed by the MACD. There is a lot of accumulation going on at this time. Wether it be the company or the public, it doesn't really matter. As the 2 lines get further apart to the upside, the MACD usually follows. There is a lag it seems between the 2.

2) Keep another eye on the MACD. Right now it is starting to turn down again but not in a strong way. I would suspect that we could see this turn to the upside by the end of the week.

3) Watch the volumn. Yesterday was heavy. Usually after a heavy trading day the price goes down like it is doing this morning. Myself, I think that it is the next set up for a new move to the upside. Hopefully it will hold this time but I doubt it. Too many players in this. Working the 5 and 10 cent moves.

Now FWIIW, I see this as an opportunity to renew and increase my position. This of course is JMO. Now you know what this is worth????, "0". Of course everything that I am saying is conjector and should be taken with a grain of salt.;-))))) Just a little seasoning on the salad.

Catcha on the upside,

Ron
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext