Moose, the 200ma is now .65cents, so while I expect a little "block" there, maybe for the 1st time in 3 years, once ECU takes out the 200 ma this time, it will finally once again become our new support than the resistance it has been going back to 2007.
For those technically inclined, ECU is in the final process of completing a massive double bottom formation above the .50 cents level that has been in the works for almost 9 month which is super bullish, especially once we take out .82 -.92 cents area (that will project a move to the $1.30 to $1.40 area). But one thing at a time and lets worry about the getting through .70 cent area first.