TSXV:EPO.H - Post by User
Post by
eztwo1on Oct 14, 2010 2:12pm
160 Views
Post# 17565085
Support levels mentioned
Support levels mentionedare just arbitrary daily numbers and actually are not related directly to the moving averages.
Anyone can check them so I won't bother posting them....I most definitely don't want the key one violated, but we are not there and my guess (as others are doing) is that we won't be. The volume today is insignificant...the drop likely isn't either. If EPO ever did get back to 17 cents, I certainly wouldn't be adding. Whoever was buying into those huge volume days with the increases are the ones to follow, at least for now.
There are just too many positives as stated here many times, along with technical support, to consider that EPO would slip below the key support as easily seen by checking the moving averages. Of course there is always a chance; that chance is minimal at present, thus EPO is a good buy around these levels....IMHO....(22 cents+/- a cent would be a good entry).