EZRA has momentarily broke abive it's 50 day MA but has retraced below again. May face some minor correction and hopefully can resume its recovery soon again.
Not impossible but remote.
risktaker ( Date: 18-Apr-2015 12:06) Posted:
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38-40 cents i will buy ok?
huafaster ( Date: 18-Apr-2015 09:40) Posted:
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Hi brother, this counter also is the favourite one of shortlists.
Lucky03 ( Date: 18-Apr-2015 02:43) Posted:
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The number of shares shorts surged in fri trading.
Ezion and ezra play... Fund houses fighting each other
Small medium BB eaten by Big BB
0.465 is the support line.... seems like it will breakout not too long... :)
 
There is never  NEWS for retailers, just OLDS. But it is financially and circumstantially imroving and the  price is still at very low.
So just BUY lah, who care about the short sellers who always threat and cheat!!!
Time is with us but not those shorties!
 
 
| Demostation           ( Date: 17-Apr-2015 13:18) Posted:   
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Looks like short sellers are here again.
Demostation ( Date: 17-Apr-2015 13:18) Posted:
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Usually when there is good news, BB will contemplate two options:
option 1: Sell and push a few pips down first, then buy more from the lower and from there support various buy levels up.
option 2: Short the market and wait it out for bad news.   Bad and good news always flip flop one another.   So they have a chance to   cover short positions.
For good news, buy fast and sell fast, then wait for the price to settle down before buying more..
 
RTan90 ( Date: 17-Apr-2015 13:04) Posted:
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SG mkt is like that ....buy before news , sell after news ...
need consolidate before it break above 0.50
it' s the matter of times, very soon ...
RTan90 ( Date: 17-Apr-2015 13:04) Posted:
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yesterday' s good news does not move the stock, today 0.475 cents, china fund manager are accumulating this stock does it mean it will go up trend? hmm...
China Fund Managers are accumulating this counter since 45cents.....
Watch out for the wave turn up and ride on the wave.......soon
 
Oil recovered faster than expected. Brent crude now heading us$65.. Ezra's subseas business is recovering and more subseas contract wins coming...
On what basis?
If 0.49 can hold, will test 0.65 to 0.70 next few weeks' times. Watch out the breaking out..
Not bad today.