A few days ago, we mentioned Ezion is likely to break $1, as we saw accumulation going on. We saw that Big Money did not leave this stock.
Check this last article:
Today it proves we are correct. With the STI down by 17 points, it still rises by 4 cts. Now it is $1.015. Not a fantastic break yet, but it says something about this stock.
This stock has strength! As you might have read our article, it is fundamentally strong, and my one of my favourite long term growth stock.
Having said that, we the market continues to be bad, if STI keeps
falling especially when this week US jobs report is bad, this stock
might go back below $1. So set your stop loss tight. A good stop loss would be $0.95