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Ezion ST: the downside prevails as long as 0.242 is resistance
Trading Central | 2017-08-07 07:15:00

Alternative scenario: above 0.242, look for 0.256 and 0.265.

0.242 is our pivot point.

Our preference: the downside prevails as long as 0.242 is resistance.

Alternative scenario: the upside breakout of 0.242 would call for 0.256 and 0.265.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day MA (respectively at 0.25 and 0.24). Ezion is currently trading near its 52 week low at 0.21 reached on 01/09/16.

Supports and resistances:
0.265 **
0.256 *
0.242 **
0.236
0.22 (SGD-last)
0.203
0.195 **
0.186 *
0.178 **

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