EWSI Daily Chart ~ Back to the Lows of Late Decemb
Post# of 2559
Posted On: 03/09/2014 11:10:40 PM
EWSI Daily Chart ~ Back to the Lows of Late December
After selling the remaining shares of EWSI on February 10 (link back), I decided to repurchase 200,000 at .025-.027 on Friday after the decline to a previous bottom. I like EWSI on a fundamental basis but the technical indicators aren't quite there yet. EWSI is making great progress in executing their business plan, and this is one I don't mind re-entering although the chart hasn't fully reset. Any good news from management and the technicals will catch up with the fundamentals this time around. I don't do this move often, but I'm taking a calculated entry near a potential double bottom. GLTA
After selling the remaining shares of EWSI on February 10 (link back), I decided to repurchase 200,000 at .025-.027 on Friday after the decline to a previous bottom. I like EWSI on a fundamental basis but the technical indicators aren't quite there yet. EWSI is making great progress in executing their business plan, and this is one I don't mind re-entering although the chart hasn't fully reset. Any good news from management and the technicals will catch up with the fundamentals this time around. I don't do this move often, but I'm taking a calculated entry near a potential double bottom. GLTA
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