Recently, against the general market malaise over the looming fiscal cliff , our superstock Ezion exhibited   super relative strength with a slew of super good announcements - good profits up 24% yoy to usd16.1m , good JV with Kim Seng Holdings winning  unexpected mega contracts of usd 298m , 10m new shares placed out to existing shareholder ( former Labroy boss) suggesting insider's   strong confidence in the company's rosy future .. which suggests mega contracts after mega contracts to no end over the horizon , thanks to the special expertise of Ezion..

Analysts from various broking house all upgraded Ezion price targets to minimum of $1.70 all the way to $2.20 , far above the current price of   $1.495( Monday's close)  

I am too lazy to plot   a single one of them , but i guess all the technical indicators would be indicating a strong buy ..RSI, ADX, MACD, stochastics ,   moving average cross overs, moving average slope increase , single mom & amp double pop indicators of all varieties , watever.

Thus we have the perfect esctasy moment for this stock, fundamentally   and technically. 

At this time & amp price , I guess the public is maximally bullish on Ezion and one could not pry the shares from the tight grip of public hands   even if they had to take a 100m banjee jump over the fiscal cliff with crocs hungrily waiting at the river   below to snap off any heads within reach (  click here for banjee croc youtube video  ) ..

But to me, all these suggests short-term profit taking coming soon , maybe   at 1.54 -1.58   .. so let's watch .. I could be totally wrong in the face of all these rosy target price upgrades way above the Monday's close of   price of $1.495 ( ie   $1.70- $2.20) from broking houses whom I assumed had special briefings by Ezion management over her super rosy future   ...so who am I to suggest otherwise   ? 

for more & charts, pse see   Perfect ecstasy moment for Ezion ? - time ripe for some profit taking soon ?TQ