OTCPK:CSUWF - Post by User
Post by
retiredcfon Mar 14, 2017 6:56am
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Post# 25975316
Technical Analysis
Technical AnalysisNo idea how accurate these are. You don't often get a negative report when you're only $0.04 below the 52 week high. GLTA
| EnerCare Inc forms bearish "Hanging Man" chart pattern
Mar 13, 2017 Recognia has detected a "Hanging Man" chart pattern formed on EnerCare Inc (ECI:TSX). This bearish signal indicates that the stock price may fall from the close of $20.16. Tells Me: The price may have reached the top of the recent uptrend, showing it has been susceptible to selling pressure. The Hanging Man appears during an uptrend, displaying a long lower shadow with a small real body at the top of the range. The price may have reached a top and due for a reversal to the downside. This bearish pattern can be seen on the following chart and was detected by Recognia proprietary pattern recognition technology. | |