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Dynamic Technologies Group Inc - Class A ERILF

Empire Industries Ltd designs, fabricates, manufactures, erects and sells proprietary engineered products internationally. It operates in the segments of Ride-Systems Manufacturing, Parts & Service and Corporate & Other segments. These include Design and manufacture complex ride systems, Provider of parts and maintenance services to existing ride systems. The group operates its activities internationally.


OTCPK:ERILF - Post by User

Post by hawk_on Nov 18, 2014 9:44am
198 Views
Post# 23139250

Moving average..

Moving average..
I have always been far more interested in the fundamentals on Eil vs technicals. However this is, after all, the Casino. The 30/90 day moving averages popular on stock quote sites have shown that formidable gap from the downward crossover for a long time. Indeed at the time we were forming a nice 5 year cup and handle , which usually strongly breaks one way, up or down, but most often to the upside, we were pushed lower. End of the day tape painting became interesting, particulary the last several weeks when trading at .11 we closed at 10.5 the result on moving averages is obvious. We have made the cross, days ago, if you use shorter time periods, and again are forming a nice trading time cup. That will soon become clear. But as always I am fundamentally more interested in the long term future. Cheers, hawk
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