Tuesday, May 28, 2013

***** All time high again: Ezion - Share price 2.42. (Has broken its resistance to reach a new high again.)

Following up on TA call made on 10th May 2013, Ezion has again broken its temporary resistance and is now at a new high again. As long as 2.40 holds as a new support, we are bullish with a short term target price of 2.50. A break above critical 2.50 can see it seek new consolidation phase. Doesn’t seem like its rise is going to stop any time soon.  Possible to accumulate on dips near support and average up on any breakouts.
Stop loss at 2.37 for short term trades 

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