Whats going on with EVCC?

[gecko164]

anybody know whats going on with evcc. It went from $1 to $7.97 in 1 month and back doen to $3.

[mlegha1]

$1 to $7 and you dind't take any off the table?
I don't see any negative news may be overdue profit taking is driving it down.After looking at the chart it might find support around $2.25-$2.30 area otherwise i won't be surprise if it drops all the way back to $1.60s.

[bahroor]

profit taking, just like mlegha1 said.

Rule #16:
sick run + BB/OTC stock = quick profit taking

don't hold the bag

im waiting for it to form a base to play the upside... can jump fast and furious, not for the light-hearted.

my initial guess is a bounce off 2.50 or so, but will wait for clear confirmation. not worried about catching the bottom here.

[Goldman Slacks]

Day traded EVCC for a bit in Jan. but it got too wild. The volume was nuts for what it is. Be Careful! Here is a good read ...
http://www.canada.com/vancouversun/c...b-30a8966ad8aa

[bahroor]

keep an eye on EVCC
watch for some buying volume as the candles get smaller as it approaches support.

daytraded this one a few times already, looking for another entry soon.

[bahroor]

printed: +10% today

[spanky]

Bahroor, what are you expecting out of this today?

I was watching this on 27 Feb to see if it would bounce off of the MA(75) like it did on 15 Feb... when the bottom dropped out of the market in general, I got in EVCC at 1.78 but held past the 3rd day up when it closed at 3.28.

I don't want to be too greedy, but this is about the only thing in my folio that's in the black, so I want to get as much out of it as possible to combat all of the red from my other POS plays.

[bahroor]

Originally Posted by spanky

Bahroor, what are you expecting out of this today?

I was watching this on 27 Feb to see if it would bounce off of the MA(75) like it did on 15 Feb... when the bottom dropped out of the market in general, I got in EVCC at 1.78 but held past the 3rd day up when it closed at 3.28.

I don't want to be too greedy, but this is about the only thing in my folio that's in the black, so I want to get as much out of it as possible to combat all of the red from my other POS plays.

wow, nice entry price spanky... but why you didn't get out when it was printing 3.20-3.40 is another story.. there was a clear sell signal the very next day when it gapped up. ill mark a chart up for you

buying volume is drying for now and more selling could start soon.. its made an attempt to break 2.70 once today and will probably try again.. that would be my exit point for you.

a 2.69 exit would give you a 51% gain

[bahroor]

notice that each candle represents 10 minutes of action.

chart displays last 5 days
Attachment 816

[spanky]

The block with the entry at 1.78 is all I have left. I already snipped two other blocks that I bought at 2.04 and 1.90. I got out of those blocks with a 37% and 32% gain, respectively.

Would love to see your chart with the sign to get out... that's the one part I don't read well. I can't see your attachment, would you try again?