Yanlord showed a Bearish Harami candlesticks pattern and expected a pull back in the next trading days. There is a very strong support (from previous falling wedge) turned resistance trend line at about $1.90 to $1.95. Next Immediate support at about $1.65 (20D and 50D MA).
So far STI’s chart has a bearish outlook.
Ezion is currently trading in a Down Trend Channel. The stock is forming a “Lower High, Lower Low” chart pattern.
Downside risk is higher because Ezion will be facing a few resistances between $0.67 to $0.75:
If the Down Trend Channel pattern is still valid, Ezion will probably go below $0.573 in the next few months.
