Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Tuesday, March 16, 2010

Is Accumulation done for Ezion Holding? What is the price target?

Will check the date end of the session if there will be any push since I detected the signal at the price of 0.765. Ever since the buying signal detection, it has hover between 0.77 to 0.785 which I sold part of it at 0.78. But yesterday it came back down to 0.755 which what I always mentioned the accumulation method when "someone" take advantage of the situation to accumulate more.

Thus, Loaded more at 0.76. The uptrend movement will also check on the inventories data coming soon and also the crude oil future price which last 2 days have been down but the price support is well maintained with accumulation from the volume.

Let's see.

SOBAYOR,
Star-Trader

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