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#11 Echo

Echo

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Posted 13 September 2006 - 10:25 PM

I jumped in Monday near the close at 25 even. Kicked myself when they rammed it down to 24.50 at the close. Probed the 20ema today. Might test 200 ema again, but after breaking up the DTL Sept 1, and a successful retest Mon-Tues, I think this one is ready to run now. Note the increased volume after breaking the DTL. Regarding Wycoff, the last day of major volume was that day on July 14th and we've come close to but not exactly tested it on lesser volume.



http://stockcharts.c...8784&r=7269.png



Echo