$EUC $EUC.asx looks like is going to break out soon
EUC just fell off a cliff and is currently oversold on most timeframe's. So we are looking for an oversold bounce a quick in and a quick out with a conservative 15% profit target. EMA and 50-day SMA currently acting as a resistance look for sell in between these moving averages approx 0.96 cent if lucky. To be a bit safer set sell at .095 or .094 cent to get out...
Careful out there kids, at least you know whats coming...
EUC has had a massive influx of volume back in early 2017 that has pumped a bit of life into this stock after a long Bear cycle. Since 2017 it has set three higher low's each roughly 53% apart with the most recent one set in Feb this year. EUC has broken its down trend resistance line setting another double top at 11 cent. But potentially forming a cup and handle...