Eurocontrol Technics Ord EUCTF

RE:Selling pressure at this level

[shawshank]

Rock what is important is the backfilling continues at higher pricing points and since the recent move in valuations it has not come anywhere near its trading base of .055 to .06 since moving on new interest and forward looking expectations and new blood coming into owning stock...infact its showing support for nearly a 100% return in value for those in at the .055 to .06 range like myself who entered at those markers along with others.


This is good from a technical perspective for those that watch trading more then fundementals...I watch fundementals more then trading but do understand enough to hold my own on T/A thta what is occuring on EUO currently on technicals is needed for a trend reversal pattern vs just a trading opp-for the fundementals on EuroControl remain very very strong-infact this is a fundementally-earnings now and earnings to come as in company given guidance type story-that support any strength in technial analysis that is now occuring.

I have appx $5000 freeing up sometime in the next 10days and hope this thing moves below .10 again as I would love to add some more EUO outside my RRSP where most of my shares are currently held...I have 10,000 outside and 40,000 inside-but would like to add a few more to the trading account at these types of price points or even better-lower...as the macro picture here (investors) far outweights any micro (trading bias) outlook which means the PIA factor will remain able to be kept in check.

SS

Rock34 wrote: Seems to be over. 
In fact it looks like TD has an iceberg buy order at .11 now.
Wait for the volume and we go green. 

We may not close as green as I thought at the beginning of the week when I was calling .18+ but Im still thinking we see a new 52wk high today.