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Revenues up, chart at bottom, ready for action?
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Good Evening!
By now you have noticed that 3d TV's and platforms have been put on the
back burner while manufacturers capture your attention with curved this
and curved that.
Honestly, I don't see the hype around it, the only place I want to see
curves is..well.....anyway.... back to 3D.
EWRC has been busy working on its Boomerang Media app 6.0 which they
reported will be out shortly creating some buzz in the 3D mobile app space.
EWRC app is simple yet innovative as it utilizes state of the art media tech
including streaming video and audio, animation and 3D graphics to develop
cutting edge marketing and advertising software.
If I lost you by the end of the first line of the previous paragraph... its OK
it all sounds great but not as good as EWRC chart and the buzz that is swarming
around this bad boy this evening on the message boards which could kick off a
3D style breakout:
 RSI - At oversold line. Bullish
Price - Sitting on a 4 time bounce support level. Bullish
MACD - Trending under the zero line, VERY BULLISH
Acc/Dist -At absolute bottom as of today, VERY BULLISH
EWRC has been down in this low range 4 times in the past 3 months
and each time, it has bounced up over 100pct.
Considering EWRC's fundamentals, I would not be surprised to see the bounce
begin in the next few days:
- EWRC saw an 800pct increase in quarter revenue growth.
- EWRC expects to hit the 1 million download mark by mid-2015… that’s
just around the corner. Timing couldn’t be better!
- In its annual report EWRC just reported total assets of over 1.41Mln Dlrs
- In its annual report EWRC just reported revenue of 974k Dlrs
Start your research on EWRC chart right away, read over their latest head lines
and get ready for a wild ride. Sincerely,
StockHideout
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