With Ezra flying to another uptrend wave, Ezion will definitely follow suit. It has closed near to 52 week high and projecting to hit then next resistance of 1.15 as Oil Price Effect might let this stock to fly higher.
It also closed with Bullish Piercing Line White Candlestick and this already put under my radar.
Support Price will be 1.02. If this is well maintained, it will form a support base to go higher uptrend.
If it is broken, it will be go downside to form another support base.
Let's see.
Star-Trader
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, August 28, 2012
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