Egoh uptrend continues very strong. It has been a great week with lots of gains and lots of volume. Congrats to everyone by the moment, I have solid reason to think that this is just the start of a big and long move, you can read the potential in the other posts but here just some signal about the uptrend momo.
All signals are good and the uptrend should continues, just an example :
AmericanBulls gives a HOLD after a BUYsignal given on July 6th, the candelstick analysis shows long white candles, all is good.
http://www.americanbulls.com/StockPage.asp?CompanyTicker=EGOH&MarketTicker=OTC&TYP=S
Barchart gives a STRONG BUY :
http://www.barchart.com/quotes/stocks/EGOH
Resistance levels at 0,03 and 0,034.
Chart shows a breakout, what else do you need, just look how 50MA and 200MA were crossed with big volume, this is a real BREAKOUT model on both weekly and daily charts : look here :
Daily chart : RSI still not oversold gives margin for further buys and enter in the BULLISH ZONE.
And weekly chart, what is more important signal if you are a long holder considering the potential of this stock is reallt HUGE.
So watch supports, buy the dips and GOOD LUCK for the next week.
Cool
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