High at 0.74 today...... congrats to those who managed to accumulate some as per Wednesday call..... ;)
Sent: Wednesday, 7 October, 2015 10:34 AM
Subject: ******** Ezion: Breakout seen above 0.68.... May test 0.700 and head higher to attempt breakout above 0.75 again.....
Subject: ******** Ezion: Breakout seen above 0.68.... May test 0.700 and head higher to attempt breakout above 0.75 again.....
On oil prices rebounding strongly last night, we have seen strength in Oil and gas counters today with Ezion one of them. It has cleared above the 0.68 temp resistance and looks set to cross above the psychological 0.70. A critical resistance to watch is the 0.75 level since Aug which has been a major barrier capping more upside. Would average up long positions if the 0.75 – 0.76 clears out and raise stop loss.
No comments:
Post a Comment