Time has come for e

Here is the past performance chart on E since Christmas, when the stock sprung to life from the tax loss selling level of 16c. I will provide commentary on technicals and x factors after you read this
Date Open Day High Day Low Close Volume
1/18/2010 0.21 0.215 0.20 0.205 37,500
1/15/2010 0.24 0.24 0.205 0.22 135,086
1/14/2010 0.23 0.23 0.215 0.22 38,860
1/13/2010 0.21 0.23 0.21 0.23 43,500
1/12/2010 0.225 0.24 0.21 0.21 53,176
1/11/2010 0.23 0.23 0.21 0.23 153,500
1/8/2010 0.25 0.25 0.23 0.235 58,150
1/7/2010 0.24 0.27 0.24 0.24 195,790
1/6/2010 0.19 0.245 0.19 0.20 780,164
1/5/2010 0.18 0.19 0.17 0.19 89,000
1/4/2010 0.18 0.18 0.18 0.18 2,230
12/31/2009 0.19 0.20 0.18 0.19 72,400
12/30/2009 0.19 0.19 0.185 0.185 13,000
12/29/2009 0.16 0.205 0.16 0.19 2,793,700
12/24/2009 0.16 0.16 0.16 0.16 27,500
12/23/2009 0.16 0.16 0.16 0.16 44,070

The volume, led by a financing and over 2.5 mil,lion shares of buying on top of this by Bolder Capital Partners is signalling technically for breakout through the 24c barrier.
Add common sense to the quotient that the next 1/4 will show substantial improvement…thast the sector is in an upward trend and it adds up to a pretty good shot with little risk involved

.
The xfactor is that a public awareness campaign is about to begin in eastern Canada.A stock with ponly 42 million out and all this good karma around it will be sure to vault to the 40c range in my humble opinion, based on my 30 years experience.
The risk/reward ratio is maybe a nickle on the downside with a hi probability of a 50% plus gain.
Its time gang

royrogers

marketcents.com