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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Industrials
Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Eguana Technologies Inc
Bullboard Posts
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(1)
•••
Comment by 1969Enigmaon Aug 24, 2016 5:10pm
174 Views
Post# 25173688

RE:RE:RE:Time to accumulate

RE:RE:RE:Time to accumulateFinancials posted on Sedar....

1969Enigma wrote: The pullback is classic although IMO, I am doubtful of the 1 month suggestion. The cup and handles remains a bullish continuation pattern and while the pullback is predictable, the break out timeline is not (more like looking for a needle in a haystack). The variation in the handle formation can typically be 4 days to 4 weeks.

We know financials are due next week, however we do not know if it will be precipitated by another news release. Strategically that would be a strong move by management, however they may not be as focussed on the short term SP to the extent that we are. If so, or if the financials reveal more than we currently have insight into, we may see the break out sooner rather than later.

Call it tree shaking, shorting etc... all that has transpired this week is in keeping with the pattern playing itself out.

Happy to accumulate at this SP as the bullish continuation patter persists, and more importantly the best is yet to come !!

GLTA
thepbay wrote: You are right about the cup and handle, but I suspect that handle last for around a month or so. Lots of time. There will be a trade to be made soon though. GL

pbay

quote=1969Enigma]
Well if people are just going to give their shares away it is time to accumulate again.

Cup and handles.... very powerful formation.




[/quote]

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities