25th Dec 2013 - Eksons

EKSONS - Technical Analysis

Author: Ooi Teik Bee   |   Publish date: Wed, 25 Dec 21:10 

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Dear valued members,
Disclaimer : This article is meant for educational purpose only. Buy at your own risk. Final decision is yours.

EKSONS

My trading plan

I like this stock because there is a gap up on 21/11/2013. The price is on Third Wave up. Very nice up trending stock.
Major resistance  = 1.39, 1.46 and 1.96.
Major support = 1.30 and 1.16
Target price = 1.96
Margin of safety = 31.6% (1.34)
Potential gain = 46.2% (1.34)
Cut loss at 1.13 = 15.7%
Risk reward ratio at 1.13 cut loss = 1 : 2.95
SharesXPert - Probability to win is 3 against 1 i.e. 75% chance (back testing last 3 month data)
Feng Shui element = Wood
Bought EKSONS at 1.34 (24/12/2013)
Thank you.
Ooi Teik Bee

Labels: EKSONS

Related Stocks

Chart	Stock Name	Last	Change	Volume
	EKSONS	1.34	+0.08 (6.35%)	293,200