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 : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31,

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SOROS who wrote (819)11/8/2005 4:38:03 AM
From: Walkingshadow  Read Replies (1) of 1694
 
JC,

Take this FWIW given the limits of TA for stocks like this, but EFCR has stabilized nicely on the 200 sma:

stockcharts.com[w,a]daclyyay[dc][pb100!b200][vc60][iUb14!Lp14,3,3]&pref=G

So to me, the good news here is that downside momentum is now lacking, but the bad news is that because the 200 sma is not strongly sloping (in either direction) an indefinitely long consolidation period could follow.

The energy-related stocks have certainly had their 15 minutes of fame this year, but now are out of the limelight. I expect that will change in a month or two as winter comes on strong and energy costs come back into the forefront.

Any news anticipated on this one?

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