Ezion

Ezion: UOB Kay Hian has Technical Buy Call with a potential $0.96 TP. Note that stock could be supported near its 200-day EMA and its previous low on 6Mar after a retracement from its recent high of $1.03. The shorter EMAs of 20- and 50-day are still well above its 200- day EMA. Do keep an eye on a possible bullish crossover at its daily Stochastics indicator in the oversold region. Alternatively, longs may be exited if prices move above $0.77. House institutional research has a fundamental BUY with a target price of $1.34.