Good Morning!
I said we were looking at a true breakout play today. Ecosciences Inc. (ECEZ) should fit that description good enough to get you drooling.
After all, the last time ECEZ was in this position, shares practically DOUBLED in price within a week. That was just the beginning!
I’ll lay out the case for possible “deja vu” here in a few minutes, but for now, time to remind yourself what a 4-bag home run chart looks like:
The last time ECEZ was trading around these levels was mid-January, when the market was having its little meltdown, so let’s start there.
RSI: then and now, roughly the same oversold level. And like a lot of oversold charts, the bounce was fast and furious!
Within 24 hours, ECEZ jumped from $0.030 to $0.057. It took another couple days to clear $0.060 and score that formal home run.
That’s when things got GOOD! A week after ECEZ crossed into 3-digit bull run territory, the action shifted straight up to $0.15!
So this is a play that can deliver 400% in the right rally, provided of course that the technicals line up right and the market cooperates.
But as they say, history doesn’t like to repeat exactly but it loves to “rhyme.” Similar circumstances tend to produce similar results!
And ECEZ is in a remarkably “similar” place now to where it was a couple months ago: price point, RSI are practically IDENTICAL!
Now what’s ECEZ all about, you ask? Environmentally sensitive water purification tablets. It’s a simple idea but execution is ramping up fast.
ECEZ can clean industrial runoff, septic tanks, even grease traps for every fast food joint around, doing the work of grease pumps for 90% less.
Global distribution is spreading and ECEZ is booking big reorders. PEPSI uses the tablets. They’re even buying in New Zealand! (Read more)
Every new deal creates big news flow in the process. Here’s New Jersey, Connecticut, South Africa. Don’t forget ECEZ also sells the tablets online!
And lately we’re hearing ECEZ wants to acquire new products to expand the business even faster. Maybe that’s the catalyst that turns the chart around?
If so, watch that news wire. And if not, maybe this play is so finely balanced that it won’t even take a headline to get it moving!
After all, ECEZ was real quiet back in January, when the action went 400% worth of ballistic. Sometimes lightning just strikes out of the blue!
Don’t be shy if YOU see that kind of blue sky green opportunity here today!
Sincerely,
Michael Reef
yourstockguy@gmail.com
