Well, there you have it.....the persist downtrend line, which the price has been consistantly bouncing off of for some time now, has been broken.....Nice to see some movement too the upside for a change.
I'm no technical expert but the ECU chart is sure starting to look very positive with a breakout through this "Maginot" line. Let us see what kind of momentum this little gem can muster tomorrow and so on into the week/weeks ahead.
I'm feeling very optimistic that what we are watching is the beginning of what we've all been waiting for; inexorable amounts of money flowing into this sector. This can only get better from here on in.
With that last push of the price at the end of the day driving up past the downward parabolic SAR, we could see some sustained follow through to get this party started, ALREADY!!!! In the words of April Wine, "I like to ROCK," well, we're about to rock!! Good luck all...bd1