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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

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To: Harold S. who wrote (514)10/6/2005 2:46:57 PM
From: Topannuity  Read Replies (1) of 1694
 
Technically speaking, EFCR made a double top at .165 with a neckline at ~.105. The break of that neckline projected a move 6 cents lower to .045. Today's lower action for this move further confirms the lower target. The ADI has been downsloping for weeks and today made a new low consistent with price action. Should we buy at .045? I'd wait for a confirmed break of the downtrend line coincident with accumulation on the ADI.

BTW - I was in EFCR at .112 and sold .082 when it broke the base. see 9/9/2005
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