Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Bouf who wrote (526)	1/22/2003 11:36:12 AM
From: Jibacoa	Read Replies (1) of 1404

EKC Bouf: The stock is acting well. It is on a near term UPTREND that started on November 5 and hasn't been broken yet. The PSML data on EKC at present: 2.28 2.17 1.98 & 1.72 (All remain on the right sequence.<g>) It needs to close above its April 2000 H of 2.95 before it can test the November 1999 H at 4.93 The next resistance would then be set at the September 1997 H of 6.87 and then the December 1996 H at 9.00 The July 1996 H was 13.62 and the August-September 1995 double-top was at 20.75 level.<g> As you know, EKC is a 68%-owned subsidiary of C.P. Pokphand Co. Ltd.and insiders hold more than 75% of the shares.It has 10 wholly owned subsidiaries in China and Chinese stocks have been "hot" lately.<g> The stock has more than doubled since its October 15 L at $0.88 It has a PE of less than 9, but I don't know how reliable the Chinese numbers are.<g> siliconinvestor.com siliconinvestor.com Bernard

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