Thursday, August 28, 2014

Ezion (technical)

Ezion: current situation looks mixed, as share price is hovering around the key $2.17 level (coincides with the 200 day MA). There are slightly higher odds of a near term pull back toward the $2.05 support, given that the key indicators have hooked back down from overbought levels. Traders would refrain from being bullish for now, until a break out of the recent $2.25 high is triggered.

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