Eurocontrol Technics Ord EUCTF

Technology Computer Systems

"Eurocontrol Technics Group Inc is a Canada-based company involved in acquisition, development, and commercialization of security, authentication, verification and certification markets. The company through its subsidiaries is engaged in designing, manufacturing, marketing of energy-dispersive X-ray fluorescence (ED-XRF) systems, and developing technology and property that combines two-dimensional (2D) and three-dimensional (3D) image processing technology respectively."

OTCPK:EUCTF - Post by User

Eurocontrol Technics Ord > Technically great indications of a strong reversal NOW!

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Comment by ElectricFuneralon Jul 23, 2015 2:18pm

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Post# 23953555

RE:RE:Technically great indications of a strong reversal NOW!

shawshank wrote:

Bottom line is there is a massive block of shares on the bid- backstopping a floor of .115 per share. SS

Chrisgblr wrote: I know most people don't believe in TA on penny stocks, but I think EUO has been traded differently lately and I looked over some TA strategies. It seems like a strong reversal is imminent right now.

SP has been holding on just over the 50% Fibonacci mark since the beginning of the month;

MACD pretty close to crossing over EMA 9 right now;

Volume is higher today on decent gains;

A strong divergence is happening between the recent stock price and MACD histogram.

I am still looking at other signals, but so far it looks great!