Ezion

Ezion – Down To Our Target

Kelwin & Roy Stock Market , , , , , , , ,
2nd May, 2017, 10:42 PM

Ezion – Down To Our Target ezion

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.

Yours

Humbly

Kelwin&Roy

Ezion – Floating Where Now?

Kelwin & Roy Ezion , , , , , , , , ,
27th April, 2017, 11:25 PM

Ezion – Floating Where Now? ezion

Ezion can be seen as a down trend stock and is below the 20 and 50 days moving average too.

It is currently sitting on the 0.32 horizontal support which is also around the downtrend line lower channel support. If the 0.32 horizontal support doesn’t hold again we might see further downside to 0.29 first . After which 0.265 might seem possible.

Oil prices are currently down so let’s see how it will affect our oil stocks and ezion  tomorrow.  Our stop loss could be at 0.35 or 0.36 which is above the 50 days moving average.

Yours

Humbly

Kelwin&Roy

 

Ezion

Kelwin & Roy Ezion ,
18th August, 2016, 1:44 PM
Ezion Aug 2016
Ezion Aug 2016

Oil has been up the recent few days and we think that it might move up to about $48-$49.50 area.

Ezion doesn’t seem to move up even when oil is up. So we’re looking at it quite keenly for a short. The current support is at 0.26 and if it stays below that we’ll look for  a short. We’ll have to look back at the 5 years time frame to find the next support at 0.23 then after that a round figure at 0.2. Probably a matter of time before it hits 20 cents.

 

Yours

Humbly

Ezion

Kelwin & Roy Ezion, Stock Market ,
21st September, 2015, 2:55 PM
Ezion Sept 2015
Ezion Sept 2015

Ezion, having recovered well despite market being down during the day, it had a late day movement and had a nice strong closing. With oil recovering in US trade if oil continue to sustain ezion might have a recovery to 80 cents and even to 0.825-0.83 cents subsequently. From there we will have to see how the market reacts. So be alert once it reaches there.

Yours

Humbly