Ecologic Transportation, Inc. EGCT
EGCT has been an interest of ours for quite some time, appearing in our newsletter for the first time on July 16th, at .30. We subsequently observed it run to .48 marking a 60% gain . After a period of about three weeks, we saw it pull back to .22, before surging 109% back to .46. It has been roughly another three weeks since we saw that high. On Tuesday we saw a new low of .20, and a high of .28. Yesterday we saw a low of .24 and a high of .32. Higher lows and higher highs often signify an uptrend, and in order for that to continue, we’d like to see EGCT hold above .25 today.
After a recent trip to China, EGCT’s CEO appeared on Stock Traders Talk Live in an exclusive interview that you may want to check out. We will be on the lookout for more company updates in the weeks ahead, as it has been awhile since we’ve received any other new information.
We have also prepared a short video presentation of the chart, our timing on this play has been textbook, so don’t miss this:
American Apparel, Inc. APP
Opening at 1.30 yesterday, the stock hit a high of 1.50, gaining 15% on the day. We’ve liked this stock a lot since we first covered it back on December 27th, at .74. From that low, yesterday’s high marked as much as a 103% gain.
AONE, MIKP, NOK,