Ezion just jerk up so much that the stock recorded 31% in an hour. Many oil related companies started to have some price movements too like Rex, Kris Energy, Ausgroup, Sembmarine to name a few. However, it's only the penny oil stocks that move further compared to the blue chips which brought many counters into play. It's no wonder that the oil related stocks move because OPEC just cut it's oil production where the news was released. It's crazy for Ezion to record 31% in one day where I was dumbfounded when I saw it. The market looks like recovering sector by sector and let's watch for the next sector soon.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
