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Message: Just couldn't resist

I get a lot of stock stuff in my email, but this one is just too good not to share. Last week I got this in the same email:

It shows charts of Encana and interprets one as bullish and the other as bearish. The charts don't show up in this post, but the only difference is the listing: NYSE vs TSX - (US vs Canadian currency). While there is a slight difference in the charts because of currency fluctuations, the interpretations are diametrically opposed.

To the good folks who sent me this: GUYS - IT'S THE SAME STOCK!

Encana Corporation ECA (NYSE)
Flag (Bullish)
Trading closed at $19.29 to confirm a Short-Term Bullish Flag (Bullish) pattern
Tells Me: The price seems to be resuming a sharp rally after taking a brief pause. A bullish Flag pattern occurs during a dynamic market rally, representing a brief... more details

Bullish Event
11% move possible

Encana Corporation ECA (TSX)
Outside Bar (Bearish)
Trading closed at $20.38 to confirm a Short-Term Bearish Outside Bar (Bearish) pattern
Tells Me: The recent rally is showing signs of exhaustion; we may see lower prices at least in the short term. An Outside Bar (BEARISH) develops during a strong... more details

Dec 17, 2013 12:28PM

Dec 17, 2013 01:13PM
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