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Bullboard - Stock Discussion Forum Eurocontrol Technics Ord EUCTF

"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... see more

OTCPK:EUCTF - Post Discussion

Eurocontrol Technics Ord > Some may learn a lesson in t/a today
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Post by bullchart on Jun 12, 2015 7:48am

Some may learn a lesson in t/a today

I find it interesting with all the posts that responded to my post about the bottom uptrend showing .13 when this was trading at .15 to .17 and to keep an eye on the 20 day m/a. Some disposed t/a and said only fundamentals matter. True, this has fundamentals and should be much higher with what they have but when hype drives any of these so far from the average, be prepared for a correction. You only believe in fundamentals? Then all I can say you are "no fun" " quick to damn" and "a little mental" 

1 year ago this ran to .12(surprisingly where the majority of the bids are this morning)  probably a good place for a stink bid since the 20 day is sitting at .11 . The extended bottom uptrend says this should hold .13 (where the 32.2% fib retrace is on this run from May 15) but the market will show us where this will land and start a new leg as it did on June 1. 

Nice to have some paid for longs and cash set aside to rebuy based on trend and leg analysis coupled with volume and yes even a little fundamentals. I need it all to win at this game.
Comment by Playa2012 on Jun 12, 2015 8:12am
Hi Bull, imo this has a little less to do with T/A which is a key component for sure but more to do with the F&M group probably exiting on profit. In my recent conversation with Bruce earlier this week he mentioned that he is pleased to no longer be associated with that group as they have done nothing for the company. Have also heard through other fellow investors on another forum that the ...more  
Comment by bullchart on Jun 12, 2015 10:00am
Yes Play.. We all know something is up for sure. No stock moves like this with a positive increase quarter without something to back it up. I guess what I am saying is that I like to use the technical analysis along with volume in depth to predict the normal leg moves which could be as much as 25%. The mistake many make is not taking that profit on A portion of their shares but being fearful to ...more  
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