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Ezion Holding: Forming a Symmetrical Triangle

  • Post author:Marubozu
  • Post published:January 20, 2011

Ezion Holding is Forming a Symmetrical Triangle.  Ezion will probably start down trend if 200D MA support / Triangle support at about $0.68 is broken. Keep a close eye on the breakout before deciding next step.

  • Current Ezion Holding PE is $29.3 (Stock Price = $0.705).
  • Rolling PE is 12.6

Continue ReadingEzion Holding: Forming a Symmetrical Triangle

Time to SHORT GLD (SPDR Gold)?

  • Post author:Marubozu
  • Post published:January 19, 2011

GLD is GOLD ETF.

GLD has formed a Triple Tops and broke the neckline. The neckline has turned support to resistance. This is a bearish trend reversal pattern. Minimum Price target for this Triple Tops formation is $129.

Continue ReadingTime to SHORT GLD (SPDR Gold)?

Dapai: Is the Bull Coming?

  • Post author:Marubozu
  • Post published:January 18, 2011

Dapai has a spike in trading volume today and break the 200D MA resistance, down trend resistance and 61.8% Fibonacci Resistance. Dapai may start an uptrend if the stock stays above $0.235, a very reliable resistance turned support level.

Continue ReadingDapai: Is the Bull Coming?
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