Blue Horseshoe Stocks: BOPT | Eco-Trade Corporation | Today’s Focus

Eco-Trade Corp. BOPT

BOPT is a fairly new-trading stock that experienced a huge increase in volume yesterday that effectively caught our attention.

Let’s take a look at the recent history of the stock, which has been known to make significant gains in the past. In August, BOPT was as low as .08, and by February, had touched a high of .73. Following that mega-run, it saw a sell-off, and eventually found support in the .20-range mid-way through March.

This is a good point in the stock’s recovery to be taking a look, as it recently managed to cross above the 20DMA at .40. We want to watch BOPT for a continuation of the momentum that it built up with yesterday’s huge volume; it closed at the high of day, which is typically a very bullish sign.

The chart indicators all seem to be pointing to the bullish side as well, you don’t often come across a more technically sound chart. The RSI is pushing past both the 50-line, and the 50DMA. The accum/dist. has been on a steady rise all year, with an even sharper incline coming as a result of yesterday’s substantial volume. The Slow STO had a recent crossover, getting above the 50MA, and making its way to the powerzone. We also have a MACD that has also crossed, and begun to diverge, with the blue bars on the histogram having just flipped up to the bullish side.

Ideally speaking, we’d like to see BOPT test its previous high of .73, which would be a 62% gain over the current price.


GREAT FALLS, Mont., Apr 09, 2013 (BUSINESS WIRE) — Eco-Trade Corp. (OTCQB: BOPT), an independent oil and gas exploration Company, today provided insights on its property with the Bakken now being one of the largest sources of crude production in the USA and being considered to be a game changer in achieving American energy independence.According to an article on CNBC, Fadel Gheit, an energy analyst at Oppenheimer, noted, “With U.S. crude oil hovering above $90, drilling in Bakken is like printing money. Capital is coming from all around the world, even Europe and Asia. It has single-handedly changed the outlook for oil production.” Gheit also called Bakken’s crude “one of the purest oil plays because it is comprised of 90 percent oil and 10 percent natural gas. Better technology and capital investment will only ramp that up.” >>VIEW FULL PR