With Thanksgiving and the annual tradition of ?Black? Friday bargain hunting, there?s nothing more of a bargain than EKNL right now.
We are definitely going on a shopping spree with every and all opportunity we see in EKNL this week. Smart buyers this week will definitely reap the rewards and solid gains.
We have seen how minor dips and low volume pull back set up HUGE breakout triggers to record highs - taking these cues are the best strategies to maximize gains.
The best display of mega breakouts and HUGE gains is definitely Fuse Science (DROP +83,000%) and is worth reviewing again exactly how these cues set up MONSTER rallies.
DROP (DEGH), had several minor pullbacks (Blue circles) just before its initial trigger breakout point to our $0.75 target and the continuation breakout towards $1.25 and 83,000% gains!
Several key technical indicators shows the set up to these trigger breakout points including:
- RSI undervalue levels of below 50
- Solid support and bounce off the 50 DMA, and
- lower than average volume as longs re-position themselves for the next breakout leg higher.
Interesting enough these points are very similar to the technicals seen now on EKNL.
When trigger breakout event happens either with news or short covering, volume spikes and rises with higher breakout prices. Loading up after the breakout trigger is much more difficult than accumulating just prior to this event just as we are now seeing with EKNL.
Investors who sold way too early and at prices way too low, missed out on as much as 20,000% breakout trigger gains on DROP. Not to mention investors who did not act at all missing out on a potential 83,000% gainer.
Investors will miss another opportunity for at least 500% gains with EKNL ? take these cues, we definitely continue to do so.
If you have not read our upgraded research report this weekend definitely do so. Not only the report outlines the HUGE potential between iMD Health Canada announced last week (http://www.imdhealth.ca) with a near term price target of $2.00, it gives members a potential 500%+ gains at current levels ? Huge opportunity and too good to pass up.
We are also on HIGH NEWS ALERT for additional updates to be unleashed by the company which if history is any indication, these updates will be HUGE and definitely trigger a breakout to record levels.
Key points that make EKNL an XTREME breakout play:
1) No dilution or insiders selling any time soon and especially at these super low prices.
2) Share buyback in effect. Definitely the reason here is to move prices up to proper valuations and big boards like Nasdaq requirements. We also got confirmation with recent announcement selecting MaloneBailey LLP, Certified Public Accounting Firm as auditors of the Company.
3) Super Low float. With only 5.5 Million active float (shares available at the DTC for trading), EKNL?s share inventory is drying up super fast, and this is already triggering a MAJOR BULLISH BREAKOUT. We expect this number to significantly reduce as the company begins their buyback program.
ABOUT EKO INTERNATIONAL
EKO International Corp. is a holding company focused on growth through acq. Each acq. must have substantial growth potential and is expected to add assets and/or cash-flow to the consolidated financial statements of the Company. The Company? is willing to examine a variety of proposed target businesses and if interested, will negotiate terms and conditions favorable to itself.
Compensation: Ourhotstockpicks has not been compensated for the profile of EKNL.
Ourhotstockpicks.com profiles are not a solicitation or recommendation to buy, sell or hold securities and is not offering securities for sale.? An offer to buy or sell can be made only with accompanying disclosure documents and only in the states and provinces for which they are approved. Ourhotstockpicks may be buyers of features in the open market. Click here to view the full disclaimer
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Source: http://www.ourhotstockpicks.com/eknl-great-week-for-bargain-hunters-setting-up-for-xtreme-gains/
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