Monday, October 12, 2015

Ezion: Attempting a breakout above 0.75 ? as per last week call.....

Let’s see !! now at 0.76 !!!

Sent: Friday, October 09, 2015 9:15 AM
Subject: ******** Ezion: Potential move above 0.75 still possible, price 0.72
Following from call 2 days ago we have indeed seen Ezion stage a further move above the 0.700 level. Range would now be from 0.70 to the CRITICAL 0.75 RESISTANCE level. There can be more upside on this further breakout as long as 0.69 – 0.70 holds as the immediate support level. This can put an end to the consolidation phase for more than a month, in watch list for a potential breakout, can average up and raise stop loss on clearing of 0.75 – 0.76 sellers and other volume criteria. Target would then be at 0.80 then 0.85 in the near term as it closes the gap created in July.

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