Posted On: 03/30/2014 6:43:17 PM
Post# of 2561
$ETRM Daily Chart ~ Selloff Continues
Link back to Mar 23 for quick comments on ETRM. The minor levels of possible support were cut thru quickly with the exception of a couple of days at the MA100. The 1.76/1.83 level was seen both Thursday and Friday. The FullSto has leveled out and actually crossed over on Friday. The MACDs are in very oversold territory but having started to level out or curl yet. The MA200 at 1.59 is also a target should the support line (green) fail to hold. That said, I wouldn't be surprised to see me entering ETRM as early as tomorrow. Should I enter, I'll be scaling in for 1/3 of my eventual 6k-9k position.GLTA
Link back to Mar 23 for quick comments on ETRM. The minor levels of possible support were cut thru quickly with the exception of a couple of days at the MA100. The 1.76/1.83 level was seen both Thursday and Friday. The FullSto has leveled out and actually crossed over on Friday. The MACDs are in very oversold territory but having started to level out or curl yet. The MA200 at 1.59 is also a target should the support line (green) fail to hold. That said, I wouldn't be surprised to see me entering ETRM as early as tomorrow. Should I enter, I'll be scaling in for 1/3 of my eventual 6k-9k position.GLTA
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