Post by
toppgunn on Dec 20, 2022 10:58am
Up days are rare
Overall, the markets have performed poorly as most indexes are upwards of -20% for the year. ECN is down over 50% for the year and no signs of a solid bottom. Even up days on the market ECN has been going against the upward trend. Perhaps a solid bottom in low 2's, otherwise that trend line may find the next solid stop in the low 1's. Falling knife? Picking away at this stock may be a good investment but the trend is continual downwards with no signs of letting up.
Comment by
toppgunn on Dec 20, 2022 11:01am
52 week lows tend to be the daily norm.
Comment by
Chefboy69 on Dec 20, 2022 11:12am
the market is punishing this stock, after being a star in 2021...2022..its been kicked in the as.s I bought into it thinking the uptrend would continue..and it did not Asset managers and money managers are being punished in this market look at Blackstone, Brookfield and others ECN is a small fish...so yeah its being punished