EKNL – Solid support level to propel prices sky
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EKNL – Solid support level to propel prices sky high, prime buying opportunity
EKNL is setting up yet another solid support level that will propel prices to more record highs and towards our $3 per share target. This is where we take the advantage which is setting up for a prime opportunity for investors to load up super cheap levels here – the key to EKNL is that we already confirmed insiders are not selling a single share anytime soon.
In fact, with their recent update announcing that the company will be financial sufficient to meet cash needs, we expect their share buy-back program will be kicking in soon if not already.
With the confirm active float of 5.5 million shares , EKNL is ready to bounce big time from these higher support levels.
As we say time and time again, when these minor pauses presents itself, take the opportunity to scoop super cheap shares – this is where the BIG gains are made!
When you have a solid play like EKNL holding long term will pay off big just as we have seen with our other Medical company monster LFVN, which recently uplisted to the NASDAQ board.
Looking at the comparison chart below between LFVN and EKNL, it clearly shows how these consolidation levels add significant strength to a bullish breakout.
The ‘ blue circles ‘ shows each level of support follow buy a breakout level.
In the case of LFVN , we have seen solid support at $0.40, $0.60, and $0.80 just before the HUGE breakout to $3+ price point. EKNL is setting up perfectly and matching toe for toe with LFVN. EKNL shows solid support levels of $0.30, $0.50, and now at currently levels of $0.65 support.
We have also seen significant jump in price and volume on key dates including the 15th this month where prices skyrocket from $0.38 to today’s all-time high of $0.76, and we expect another major rally as we approach month end.
With a super low active float of 5.5 Million shares, EKNL is set up for a HUGE breakout pattern to take us solid into dollar level.
ABOUT EKO INTERNATIONAL
EKO International Corp. is a holding company focused on growth through acquisition. Each acquisition must have substantial growth potential and is expected to add assets and/or cash-flow to the consolidated financial statements of the Company. The Company is willing to examine a variety of proposed target businesses and if interested, will negotiate terms and conditions of purchase favorable to itself.