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ELECOSOFT PLC ORD 1P LSE:ELCO

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Will Elecosoft PLC Cope With The Resistance Zone?

ELCO, 1M

Long

ELCO: Will Elecosoft PLC Cope With The Resistance Zone?

Sublime_Trading 21 views ・

Elecosoft PLC created an all-time high in October 2007 at a price of £1.14, then made a low of £0.06p in December 2011 which is a big drop. At the moment price looks strong as it heads up making higher highs and higher lows. Although it looks strong now, the uptrend could find some difficulty advancing any higher at the resistance zone consisting of the £1.00 ...

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ELECOSOFT PLC ORD 1P LSE:​ELCO