Posted On: 03/16/2014 7:02:46 PM
Post# of 2561
EPGL Daily Chart ~ Nice Move Over the Declining Tops Line
I shared this chart on Mar 9 after a friend asked for a chart and opinion. I had mentioned that a move over the declining tops line, with volume, would suggest a move to at least .002. That occurred on Thursday. Next up, for a continuation to the upside, would be breaking over the MA200 at .0022, the previous highs of .0023 and .0025. It doesn't sound like much, but the multi week support line at .0015 could have returned over 30% for those that might have been using that line as an entry. EPGL could see a nice move into the .003s should the next three resistance points be taken out. GLTA
I shared this chart on Mar 9 after a friend asked for a chart and opinion. I had mentioned that a move over the declining tops line, with volume, would suggest a move to at least .002. That occurred on Thursday. Next up, for a continuation to the upside, would be breaking over the MA200 at .0022, the previous highs of .0023 and .0025. It doesn't sound like much, but the multi week support line at .0015 could have returned over 30% for those that might have been using that line as an entry. EPGL could see a nice move into the .003s should the next three resistance points be taken out. GLTA
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