ECEZ Gets Ready To Bounce From Bottom On Strong News & Bullish Technicals
Good Afternoon!
Ecosciences, Inc. (OTCQB: ECEZ)
My alert from Friday delivered around 3% gains on a rally to 3.20. Based on my due diligence those gains should have been much bigger but that’s how things work out sometimes.
Ultimately the play closed positively and the strong volume suggests that there’s potential for another look sometime in the near future. If you made good on the 3% then great; no real issue if you missed out because I have another potential monster ready right now!
My latest alert is ECEZ and unlike my pick from Friday, this one has much stronger upside opportunity. Relative to the 12-month high of .75, there’s up to 1239% upside potential available.
Now realistically ECEZ may not run all the way to .75. It could, but it on the balance of probabilities it might not.
On the more realistic front, however, it could easily challenge the 50 DMA of .08 and from current levels you could pocket up to 60% in gains.
The technical setup certainly has the numbers to support such a move. Volatility levels have exploded in recent sessions. In fact, in the last session ECEZ delivered a 301% breakout!
To make things even more interesting, ECEZ has been trending heavily with very bullish news. The company’s presence in a $7 billion a year bioremediation market has been exploding in recent months.
News that ECEZ is inking deal as far afield as the Dominican Republic has caused investors to take note of the company. I believe the huge volume spikes are a result of investors seeing the full growth potential of ECEZ.
I want you to throw your full weight behind this gem. Entry is just .05 but act fast; the chart suggests that ECEZ is on a climb and hesitation could price you out of its upside potential.
Check out the chart…
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=ECEZ
About
ECEZ (Ecosciences, Inc.) is a bio-remediation service provider for sewers, sludge ponds, septic tanks, lagoons, farms, car washes, portable sanitation facilities, grease tanks, lakes and ponds. We provide a suite of tablet-based products that can be added to waste systems.
ECEZ is based in Jericho, New York.
US Bioremediation Market Valued At $7 Billion Annually
According to several recent studies, the overall market size in the United States for contaminated site remediation falls between $7-8 billion annually. The demand for these services is mainly driven by government entities such as the Department of Energy, the Department of Defense, Resources Conservation and Recovery Act (RCRA), Superfund site projects and underground storage tank regulations. Although there are several innovative technologies available one of the fastest growing areas is likely bioremediation.
Bioremediation is a versatile treatment process that accelerates the biological clean-up process undertaken by naturally occurring microorganisms (yeast, fungi, or bacteria) to break down hazardous substances into less toxic or nontoxic substances. Microorganisms eat and digest organic substances for nutrients and energy. Certain microorganisms can digest organic substances such as fuels or solvents that are hazardous to humans. The microorganisms break down the organic contaminants into harmless products — mainly carbon dioxide and water.
News Development
Ecosciences, Inc. Signs Master Distributor Agreement With CONEAP for the Dominican Republic
ECEZ recently announced the signing of a Master Distribution Agreement ("MDA") with Concepto Ecologicos Aplicados ("CONEAP"), a janitorial supply company based in Santo Domingo, Dominican Republic.
The Company, through its wholly-owned subsidiary, Eco-Logical Concepts Inc. ("Ecological"), sells its products to distributors who then resell them to end user customers. The MDA gives CONEAP the right to resell the Company's products for the region of the Dominican Republic for one-year renewable terms.
Ecosciences' management commented, "Our relationship with CONEAP has developed into this master distributorship. Their management team gives us confidence that we can grow our business through them in the Dominican over the long term."
Carlos Labou, the Technical Director of CONEAP, commented, "We have been testing the product with customers, such as a shopping centers, airports and hotels, and the results have been positive. We also plan to seek business with government agencies in our country. We are excited to have the opportunity to represent Ecological's products in our country. We look forward to working hard as a master distributor to solve problems for our clients and grow business for ourselves and Ecological."
To learn more about ECEZ please visit their website: http://www.ecosciences.company/
Don't hesitate to capitalize on ECEZ's upside potential.
Warmest Regards,
Robert Davis
info@pennystocknewsletters.net
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