Tuesday, April 17, 2018

Ezion - All Day Selling



As highlighted earlier in the morning, Ezion for the whole day is experiencing selling and it was indeed a risky counter like Noble as blogged about earlier in the morning.

https://stockmarketmindgames.blogspot.sg/2018/04/ezion-return-of-old-counter.html

Looking at the 5 minute chart, it was also many retailers cutting losses from past positions after the stock lifted it's suspension today. My blog post was before Ezion hit 0.194 and how I knew the retailers were selling? The 5 minute chart has all the answers. As for will Ezion rise back to 0.30? Only time will tell and only when I see some accumulation going on. Else I shall stay out this counter for now.

Ronald K - Market Psychologist - A Stock Market Opportunist