Esceram standing strong and still a good long term prospect

By jonshlim
Updated
Esceram’s suddenly plunged to the low of 740 which is near to its EMA20 support line when the market was spooked by external factors for a short while. Weak holders were shaken out and price’s steadily inching towards 800 mark. Closed at 790 with strong buying interest.

Immediate support and resistance are 720 and 845.

Disclaimer: Trade at your own risk.
Comment
850 is tough nut to crack...
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jonshlim

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