Ezra is testing a support turned resistance level at about $1.75. This resistance is also the 50% Fibonacci Retracement Level. Breaking this resistance with healthy volume will kick start an up trend for Ezra. Also take note that 20D MA is heading up to cross the 200D MA if Ezra can stay above this $1.75 and 200D MA. If Ezra fails to break this resistance, the stock may pull back to $1.64 the next immediate support level.
Genting Singapore is currently testing a Tough Resistance at $2.03. This is the mid term down trend resistance, 50D MA resistance and 78.6% Fibonacci Resistance. Today Genting SP ended the trading day with a Doji, an indication of the end of the recent mini bull run. A potential reversal of trend at sight!
Golden Agriculture (GAR) is currently trading in a Symmetrical Triangle. It also can be seen that GAR is trading between the 50D MA and 200D MA for the past two months. The trading range ($0.64 to $0.68) will be small until there is a breakout. Currently there is no trend for GAR as the stock is trading in whipsaw pattern.
