Funds Flow Analysis of Ezion: 4 May 2018, Friday, 4.12pm Singapore Time

Funds Flow Analysis of Ezion: 

4 May 2018, Friday, 4.12pm Singapore Time

(Click on FFA Chart Above to Expand)

Attached above is the Funds Flow Analysis of Ezion that is traded in the market since un-suspension.
After un-suspension, the selling has seen no light to the end of the tunnel and remains a Sellers' Market with funds flow outflow in general. With this kind of posture, a violent breakdown below the psychological support of 0.100 becomes a reasonably high probability.

Donovan Norfolk Ang

Ezion: 12 December 2016, Monday, 11.47pm Singapore Time

Ezion: 12 December 2016, Monday, 11.47pm Singapore Time

For those who are trading short term smaller wave, 

Ezion has broken up with high volume today. 

Immediate Target is 56 cents after this reliable breakup of today.

Past Ezion Analyses with Track Records:
(Do read every single of it from my forewarnings before its crash to my forewarnings at its bottom and my forewarnings of its rebound to see how top traders trade)
http://donovan-ang.blogspot.sg/search/label/Ezion

Donovan Norfolk Ang

Ezion Technical Analysis: 9 September 2016, Friday, 1.36pm Singapore Time

Ezion Technical Analysis: 

9 September 2016, Friday, 1.36pm Singapore Time

Attached above is the technicals of Ezion, a stock that is listed in the SGX Singapore Market.
Warned in the RED BOXED region amidst rosy outlook in 2013 and 2014 of a mid-caps and small-caps selling wave before it came. Warned on 8 February 2015 and 17 March 2015 that Ezion will suffer a massive plunge (at least -80% loss in price) from the peak to super penny stock status in 2016. Refer to track records at:
http://donovan-ang.blogspot.sg/2015/02/ezion-8-february-2015-sunday-1042am.html
and
http://donovan-ang.blogspot.sg/2015/03/ezion-17-march-2015-tuesday-905am.html

In 2016, majority of the public worldwide are expecting a crash and a bear market now. Amidst this massive bearish sentiment that had inundated the financial markets worldwide, we will have a super stock market rally in 2H-2016 and 2017.
Ezion will break up the BLUE expanding triangle and have a multi-bagger, multi-fold rally from the bottom as illustrated on chart. It will rally beyond the rights issue price with its better financial position and on the back of 2017 improving oil prices.

Crude oil, offshore oil and gas industry, crude oil stocks, offshore oil-gas stocks, crude oil reliant economies and crude oil currencies have all generally bottomed worldwide in 2016.
More rallies expected in 2H-2016 and 2017.

Note:

【Worldwide stock markets to have super rally in 2H-2016 and 2017.】

Donovan Norfolk Ang

Ezion: 17 March 2015, Tuesday, 9.05am Singapore Time

Ezion: 17 March 2015, Tuesday, 9.05am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is the Technical Analysis of Ezion that is listed in the Singapore Stocks Market of SGX.

The RED BOX region is my end-2013 and early-2014 Worldwide Funds Flow Analysis Warnings of an Energy Bear Market Transition to happen in 2014 and to get out of stocks and equities. The ORANGE BOX region is the transition to energy bear market as forewarned in early 2014.

This stock has proceeded to execute the transition to energy bear market and the sell-down phase after my warnings.

The full transition process is shown in chart above.

The stock may do some dead cat rebound before resuming long term down-move if market is merciful, however, such dead cat rebounds are for unloading or shorting on rebounds, and not buying on dips which is high risk. 

The stock is still in long term downtrend. In essence, any escape wave rebound is a sell into rebound.

Resistance 2 of $1.32-$1.36 will hold and support at $1.00 will break down for accelerated plunge. Markets will break down $0.50 for Ezion and create many multi-year lows (80%-90% loss in price).

This long term selling was forewarned by me in end-2013 and early-2014 just before the real selling-down came.

This is the wealth destruction as forewarned in end-2013 and early-2014.

Reference (Previous Analysis Made Last Month):
http://donovan-ang.blogspot.sg/2015/02/ezion-8-february-2015-sunday-1042am.html

Donovan Norfolk Ang

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Ezion: 8 February 2015, Sunday, 10.42am Singapore Time

Ezion:  8 February 2015, Sunday, 10.42am Singapore Time

Chart courtesy of Chartnexus.com

Attached above is the daily chart of Ezion.

Ezion is achieving a BEAR MARKET CONFIRMATION where it could not rally much on the backdrop of a maximum FFA of +10.000 recently.

This stock is a must-get-out.
Technical Price Structure is bearish.
Distribution from early 2013 to end of 2014 has been completed.
The distribution was done using the double blue dotted classical lines as support.
The majority of public had been on the buy side while the smart monies are on the sell side based on technicals above.

Note the RED BOXED REGION:

This is merely the first wave of a series of selling salvo to come. There will be more waves of sell-offs and the selling is far from being completed.

$1.355-$1.485 and $1.70 are the bands ensuring the long term bear market of Ezion. This resistance will always hold until Ezion plunges below $0.50 to super penny stock status in 2016.

Ezion will give an eventual heavy loss to the stocks holders and investors.

Donovan Norfolk Ang Technical Rating:

Bearish with high downside

(Short/Sell/Unload on any market gracious rebound)

Donovan Norfolk Ang

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