Tuesday, March 26, 2013

Trading Buy: Ezra. Share price 1.15.

Ezra has shown some signs of rebounding after clearing the 1.14 critical resistance level it has consolidated below for about a month. Near term target price at 1.185 to 1.20 possible. As long as 1.14 remains as the new support, more upside entails. A break above psychological 1.20 level can see it go to 1.24 fast. It has crossed above 20 DAY MA three days back which can signify near term upside potential. Note that recent high in Jan was about 1.35 level.
Stop loss at 1.125

No comments:

Post a Comment