To be safe can load more once $0.720 trendline resistance broken.

Buy at support sell once support breakout with heavily volume then cut loss.

Your loss may not incur much and you have 50% to bet for breakout of symmetric triangle

Now almost at support (lower boundary of the uptrend channel),buy at support can not be wrong , buy !

zhixuen      ( Date: 22-Dec-2010 21:40) Posted: zhixuen      ( Date: 22-Dec-2010 21:32) Posted: The earning and fundamental is positive for Ezion.  The chart is shown that Ezion could be breakout the symmetric triangle with and send the price goes to $0.82  [IMG]http://i234.photobucket.com/albums/ee11/nuflavors/2010Dec-EzionHldg-800x600-1.png[/IMG]

The earning and fundamental is positive for Ezion. 

The chart is shown that Ezion could be breakout the symmetric triangle with and send the price goes to $0.82 

[IMG]http://i234.photobucket.com/albums/ee11/nuflavors/2010Dec-EzionHldg-800x600-1.png[/IMG] 

Uptrend channel intact. Ezion Holdings could see more upside potential after rebounding off the lower boundary of its 6-month uptrend channel and $0.66 resistance-turned-support recently; this was later followed by a bullish breakout above the 50-DMA on heavy volume yesterday.

Indicators turning bullish. With the RSI also climbing above the 50% mark and the MACD initiating a bullish crossover just yesterday ,they suggest that the upside momentum is still building up.

Initial resistance at $0.75. We expect the price to test the initial resistance at $0.75 (peaks in Oct and Nov ‘10), breaking which, we peg the next resistance at $0.86 (peaks between Sep ’09 to Jan ‘10).

Immediate support at $0.66. Meanwhile, $0.66 is remains the immediate key support, ahead of $0.55 (key trough in May ‘10).

By OCBC research.