Ezion (technical)

Ezion: Technical Buy Call by UOB Kay Hian with $2.60 TP. House note that the stock may continue its uptrend after being supported near its rising 150-day EMA and lower Bollinger band. Prices have also closed above its rising 50-day EMA, which was acting as a support previously. Its Stochastics indicator has formed a bullish crossover. Watch to see if its MACD indicator could form a bullish crossover as well.