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Bullboard - Stock Discussion Forum 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... see more

OTCPK:ERILF - Post Discussion

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Post by hawk_ on May 08, 2019 8:24am

Re 'bull trap'

Example of How to Trade Three White Soldiers

As three white soldiers is a bullish visual pattern, it is used as an entry or exit point. Traders who are short on the security look to exit and traders who are waiting to take up a bullish position see the three white soldiers as an entry opportunity.

'insider' not 'insiders' sold 4M and the day traded a historic 5 and a half Million, all quickly taken up and distributed. (bull traps come from low volume breakouts).

One would look for a morning star, certainly no doji star here, for conformation. Or indeed what appears to have developed '3 white soldiers. Go to 'stockcharts' enter EIL rather pretty picture. Given ill-uminators negative (short ?) stance it seems more like a last chance exit.
Comment by IlluminatiNWO on May 08, 2019 7:54pm
Thanks for the copy and paste Hawk, much appreciated.  I would be interested in why you think an "insider" who has been invested in EIL almost since the beginning would be dumping their position mostly in the 30's when you and others believe that the share price is grossly undervalued?  Since February(probably knew about the writedown), Canada Zhoufa has sold almost 8 ...more  
Comment by Traderfan on May 16, 2019 4:16pm
Hey Illuminati, still waiting for these 20's that you predicted right after the last earnings announcement and CC?  Now that was a nice call lol. Then you called a bull trap, stock just shoots higher. Just goes to show you what you know.  You have been here 24/7 for the last 12 months bashing this thing and now we are close to an 18 months high again, that must hurt wow. All that ...more  
Comment by IlluminatiNWO on May 16, 2019 10:32pm
"that must hurt wow" Is that what Hawk said to you after your dinner date? Next earnings release will bring this back to earth(should be on June 1st if history repeats itself).  Anyone who participated in the rights offering at 50 cents per share may have got their initial investment back if they sold.  I am just happy for the opportunity to exit with a small profit and move on ...more