Ezion fell to our target of 0.29 close to 8% fall in just 2 trading days from when we blogged. It has hit 0.29 and rebound after that.
If it can regain the 30 cents level then we might see some rebound but the trend could be down and we are looking more to short on rebound. The moving averages are still slopping down so the trend still remains down. We are targeting 0.26 as the next target after the rebound but of course in a slow and steady manner.