Ezion after rising a little, it's now encountering some thick heavy queues. This is a slow stock with a ws in the minute chart before rising while the wall was also broken a bit. The queues were pretty thick now which I am not too sure if it's ready to move higher or not. I would look to lock in profits now first as I believe oil had risen for sometime now. Rex Intl, Ezion and Kris Energy are all some counters where Rex is prioritize as first while Ezion is second and Kris Energy is third.
Market looks peak too temporarily and it's wise to book profits first. Looking to short more than long.
Update: 21/1/2019, 5:38pm
As highlighted earlier than market looks peak temporarily and would look to book profits first, indeed the STI came down and Ezion dropped 2 pips down!!
Ronald K -
Market Psychologist -
A Stock Market Opportunist
