Posted On: 04/26/2014 10:30:05 AM
Post# of 3844
Bingo. Folks tended to focus on the lack of China numbers in the K, regardless of the clarity being provided by the company surrounding this issue. Several highly positive tidbits of information were contained in the K such as this one (and others) if folks simply take the time to carefully browse and digest all of the information.
Nobody ever thought that building the world's premier e-waste/reverse logistics company was going to be a walk in the park, did they? (LOL)
Aggressive trading cycles on issues usually take three days to complete. EWSI has had three major volume days. One would have expected a major retrace/crash on Fri before market close. That, my friends, simply did not occur. Major bid support was continuing to enter the issue at the 50 percent fib point for the days' trading (0219 - 03 = 0081/2 = 00405 + 0219 = 02595).
I think there is an extremely high probability that EWSI breaks through 03 resistance on continued hvy volume on Monday...GLTA
Nobody ever thought that building the world's premier e-waste/reverse logistics company was going to be a walk in the park, did they? (LOL)
Aggressive trading cycles on issues usually take three days to complete. EWSI has had three major volume days. One would have expected a major retrace/crash on Fri before market close. That, my friends, simply did not occur. Major bid support was continuing to enter the issue at the 50 percent fib point for the days' trading (0219 - 03 = 0081/2 = 00405 + 0219 = 02595).
I think there is an extremely high probability that EWSI breaks through 03 resistance on continued hvy volume on Monday...GLTA
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