ETFC - measurable retreat

This is a very measurable retreat in ETFC. If you sold it at above 1.80 then bought back at 1.50. You didn't lose your shares but gain 30 cents per share. Very good opportunity to reduce your position cost to zero.

Once you see a V is forming, and smell that the V bottom line will be broken down, then take your profits first since such patterns will surely let you buy back at much lower prices.

The gap up is almost filled today. For more ETFC analysis and predictions, please follow the link here.