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Thursday, June 1, 2017

Ellipsiz

Ellipsiz - 2nd June 2017

After hitting the low of 54.5 cents on 19th April 2017, it had since managed to stage a nice rebound and head higher to touch 69 cents on 30th May. This is rather bullish.



A nice uptrend mode patterns after going through a period of consolidation ..

We may likely see another leg up to take out the recent high of 69 cents.

Short term wise, I think it is positive and may likely re-test 69 cents.
Crossing over with ease would likely propel to drive the share price higher towards 75 cents then 80 cents with extension to 90 cents.
( trade base on your own decision)


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