[isatrader]

Yesterday I found this stock ETAK. It formed a nice base for few months and is in the process of breaking out on huge volume. Looking at the volume for previous months, it seems like it was being accumulated.

I was planning to trade it but my broker told me there would be a $150 settlement fee if I were to place a trade because this is foreign pink sheet stock. But I know some of you here are from the UK and could look into this.

GLTA.

I can only find it on the AMEX exchange in the US. Which is normally very small cap stocks, so that might be why you are having a problem.

Although the volume profile looks nice, the 30 week MA is still slightly down trending and as you can see from the attached chart, there's a fair of near term resistance above (as shown by the weekly ichmoku cloud). So I'd still say it's in Stage 1 because of those reasons.