Monday, January 18, 2016

Ezion - Price Don't Reflect Deal





Ezion had been sold down persistently and consistently for the past one month. Look at the circled region where the hidden selling was dead obvious and followed by the obvious selling. The buying compared to the last wave of buying was weaker and hence there wasn't any actual real buyers except retailers. Today Ezion gap down heavily which spells more trouble for the company. Even though Ezion clinched a deal 5 days ago, still the price did not reflect the relevance of the deal. Add me as friend to my personal Facebook to learn more.

http://www.facebook.com/ronaldk.ronaldk

In the near term, it's risky to short Ezion and I would look for signs in the oil chart before considering taking a long position in Ezion. If you are interested to find out more on the right time to long Ezion, don't miss out tomorrow's workshop session.

Eventbrite - Redemption of FREE Stock Calls

picture source: worldmaritimenews.com
new source: businesstimes.com

Ronald K - Market Psychologist - A Stock Market Opportunist