Monday, September 1, 2014

Follow UP ************************* Ezion: Back to consolidation Uptrend intact above 2.18, price 2.19 (PRICE now 2.24)

Rebounded above 2.18….. Still within the range……. 2.25 resistance critical still…..

Sent: Thursday, August 21, 2014 10:32 AM
Subject: Follow UP ************************* Ezion: Potential breakout above 2.20 now key...... price 2.18
Following up from previous NOTE on Ezion. It has managed to cross above the 2.10 resistance over the past few days and today hit a high of 2.20. Has also cross out initial target at 2.18. Note that there can still be more upside if 2.20 resistance backs off, we can then expect it to go to 2.30 – 2.35 range first. Stochastic reversing strongly with still more room to go before being over bought. At current levels, it is also just below the Downward trend resistance line, any clear crossing above this can be a positive for a potential rebound.  J

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