Eurocontrol Technics Ord EUCTF

Technically great indications of a strong reversal NOW!

[Chrisgblr]

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. 

1. SP has been holding on just over the 50% Fibonacci mark since the beginning of the month;
2. MACD pretty close to crossing over EMA 9 right now;
3. Volume is higher today on decent gains;
4. 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!

[shawshank]

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

[ElectricFuneral]

thanks Shawshank, great info.

[shawshank]

Shirley-go suck on a banana or oversized Gorski Pickle. Practise makes Perfect. SS

[xsnrg]

You wouldn't normally think of a venture stock to be "safe harbour" in a time of crisis but that's exactly what EUO has managed to pull off.  Chalk it up to being way undervalued for a company with strong earnings.  If we go up 20% on a day when the markets are shaky imagine what will happen when the markets are good. I think what everyone is waiting for is next