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Mega Alert: EWRC |
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Good Morning, The opening bell just rang, its time to get trading and as many of you requested in this weekends servery, I will keep this short and simple. EWRC is a bottom bounce chart traders dream, trending about 40pct below its avg price with bullish indicators. What really blew my mind about EWRC is that according to OTCmarkets its float is a measly 188K shares, and an O/S of just 12Mill shares. If this is not making sense to you, then let me put it this way: "EWRC float and O/S resemble what a 70 cent stock could have, making this one undervalued play." IMO Chart indicators are in perfect position for a break out potential: RSI - Coming up from oversold, itching up toward breakout range, Bullish Price - Found bottom at .17 last week now moving up giving us the green light. MACD - Trending under the zero line & curving up slowly, Bullish Yesterdays green candle was the green light go for the bottom bounce, now all EWRC has to do is break out past the 50ma resistance currently at .26 and next stop is .30, break that and .46 top bollie is on the horizon. Do you see what could happen here???? Oh and I almost forgot, EWRC has some nice fundamentals to, with recent announcements of expansions in their industry and bringing all of their filings current. Continue here for EWRC full report and enjoy.
Spy Hard, Profit Easy
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Disclaimer
Stockchat LLC has received Twenty Five Thousand dlrs via a bank wire for the awareness of EWRC from a third
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