ETC entertainment media & telecoms corporation limited

The slow stochastic moving up has correlated strongly with the...

  1. TBE
    3,734 Posts.
    The slow stochastic moving up has correlated strongly with the SP moving upwards on this stock. It has been trending up for a few days now so perhaps we will see some movement soonish.

    The retracement has been on very small volume and we have had a fairly consistent trading range for a few days.

    It looks to me like we are pausing for breath and awaiting:
    a. the prelim results and further cash update
    b. new/significant contract signing

    or c. both.

    We could potentially have both quite soon.

    I can't wait for the profit statement and the official 2010 forecast. It should knock the SP out of the park.

    Frustrating to watch in the meantime.
 
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