Chartist update20 Apr 2017 00:16
by Nicola Duke who seems to be a big fan of ECR and has covered this stock a number of times recently. Here is what she says..............
After breaking 200dma, we see a correction to retest support which should be either at the 50dma 1.725p (todays starting price, so have we bounced off that level) or a measured move to 1.5p. Should SP hit this level then it will be short lived and a great buy opportunity. Once support level(s) retested, first target 2.776p, then 3.66p then 5.15p