ECFL -- Bought a truckload
ECFL -- Bought a truckload today -- been tracking this stock since EBAY involvment and IPO.. planning on cashing in many truckloads of money that is, in the next few weeks.... just my opinion ----- any thoughts out there?
Personally, I would not have bought ECFL until I see a reversal signal. ECFL is still not oversold. It has not touched the lower bollinger band, the RSI(10) is not red yet and SS(5,3) is crossing over from ABOVE, so it is possible that the downtrend will continue. Also, it is dangerously flirting with support at .73, if it is compromised, the next safety net is at .30. This is just my T/A analysis, but you may know how ECFL reacts better then I do since I don't follow this stock and you do. IMHO
Bear, I hope you are not holding this one down to .30. There's no support until then.
The Guru has spoken
im averaged in this one @ .70 presplit --or .07 post split --- owell.. see what happens