Ezion Holding: Trading within an Up Trend Channel

Ezion Holding is trading within an Up Trend Channel for about 6 months. Whether Ezion can continue to stay within this uptrend channel for swing trading strategy, it all depends whether Ezion can break this critical resistance of about $0.70. This level is the combination of resistance of 3 Moving Averages and 78.6% Fibonacci Retracement Resistance.

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