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| EVER_8Feb2012
With the MACD blue line on top of orange line and with the On-Balance Volume increasing and pointing up , both signifies up trend to continue.
If you zoom out the graph you will see that Ever is forming a huge Cup and Handle formation which is a bullish indication . If you want to learn more about this pls see http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont
As always its not my recommendation to buy this stock (this is not for the faint of heart because of the temporary downward movement in price) , invest at your own risk. Happy Investing ! |
Wednesday, February 8, 2012
Ever gained 11.32% with 165M shares
Ever Gotesco gained a huge volume jump today with 165 M shares traded , opening at 0.280 and finally closing at 0.295. Expect this trend to continue as shown below:
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