Thursday, 12 December 2013

Singapore Stock Watch: EZRA consolidation these few days suggest it has chance to go higher heights

Dear Friends,

We did say that EZRA needs a rest these few days when it reached $1.50. Indeed these few days it consolidated. Now the price is $1.44.

Last article on EZRA:
http://www.danielloh.com/2013/12/singapore-stock-tip-ezra-needs-rest-at.html

Whenever a stock consolidate, I like to observe its behaviour. After observing it, I do think that it has a good , chance of breaking $1.50, when STI recovers.

Hence, I would remove the selling status, observe very carefully to look out of a upside run.

Do watch out for this stock!

Not advisable to take action now as market is falling, but rest assure that this stock is in my radar!

Rgds
Daniel
www.danielloh.com

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