ETFC chart updates

Below is the latest ETFC chart, there is a trap-zone, formed on the chart, so far.

ETFC initially grabbed my attention when its chart said a potential trend reversal. The initial chart and post can be found here.

Since then, some followups and comments on ETFC can be found here.



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2 comments:

  1. TechnicalAnalysisSeptember 21, 2009 at 10:10 AM

    thanks. beautiful chart

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  2. AnonymousSeptember 21, 2009 at 10:42 AM

    ETFC may soon receive a buyout offer. The people I speak with guess $3 to $4 a share will be the offer and could come any day. A few years ago analysts said ETFC could fetch between $10-$11 per share on a buyout deal. Now the book value is about $2.70 a share.

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