Saw many cup handle patterns drawings which is a red flag in itself. When it's that obvious the trade seldom happens. the lower line is good support, but I would not trade this until it broke the short term double top, then targets T1 and T2 are long term resistant/support levels (both for each). I see ETC trading sideways in a consolidation channel, but you never know you could get a breakout. Better setups and trades are out there.
What kind of a bubblehead do you need to be to actually believe that something like ETC has a future? Why on EARTH would this project lead to anything? There are so many better options on the market already, this project will never be anything more than it is today - an inflated bubble with no future.
Sell while you still get some decent money for this crap and move on.
goldbug1
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@arnelamo, If you are trading, fundamentals do not matter, only patterns and trends. If your investing that is a different things. But regardless it would be a little more mature to not be name calling, and maybe look to understand why someone would trade this. If your buying and hold then fundamentals matter, if your trading then only trends matter. Lesson of the day.
Sell while you still get some decent money for this crap and move on.