Daily Chart of EzionHldg
Singapore Stock CSI Buy Signal - EzionHldg
Last week I have exited 2 stocks Utd EnviroTech and Yanlord and this week I would like to look at Ezion Hldg. CSI Trading System has recently generated the third arrow. It has recently broken its peak (resistance) of 2.32 and closed at 2.38. Its trough (support) is at 2.22. The 20MA has also just cross above the 40MA.
When one enters a trade using the mechanical trading system like CSI, one should also exit by following the system. By removing the responsibility from the trader of having to choose the entry and exit, the CSI expert is supposed to help the trader overcome emotion. With emotions eliminated from each trade, the trader may be in a stronger position.
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