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Euro Tech Holdings Company Limited Message Board

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  • daviebri daviebri Jun 13, 2006 4:34 PM Flag

    Seriously Who The Hell Is Buying @ 3.40

    me! fully loaded now!

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    • I think some are waiting for lower prices... does not seem to want to go below $3.30 - $3.35... maybe there is strong support in this range... lets hope something pops soon !!!

      • 1 Reply to attkat99
      • in some instances (chart patterns) it is very easy to identify a bottom and in other situations it is very difficult. CLWT has proven to be difficult given its been in a sideways pattern for 3 years. However, this is classic example of all trend lines hitting (upper and lower)channels and looks like the last few days putting in a major bottom. Even w/o the fact earnings are due out shortly, pattern is a raging buy. As w/all patterns the volume and price range "shrink" drastically before breakout so the fact that price action (compared to previous months) has become narrower is not surprising. I was looking for one more retest of 3.30 but might not get there. CLWT is ignoring outside market influences and trading within itself, this is as safe haven as you can get when certain stocks distant themselves from other influencing factors. Obviously market correction has bled into many other securities but for now CLWT remains unaffected.

3.48-0.02(-0.57%)Nov 30 12:27 PMEST