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Updated view on Eclipx Group (ECX)

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Updated view on Eclipx Group (ECX)

Hi James & Team, Appreciating and benefiting from the advice and further development of services. Good reason to keep going. Wondering your view on Eclipx Group (ECX). Will stall here at issue price or keep going after a break. Paul

Answer

Hi Paul,

We would be inclined to “play” ECX from a technical perspective i.e. buy or stay long with stops under $2.60, only 8c below Friday’s $2.68 low before it rallied strongly to close up 1c at $2.80 while the ASX200 was smacked -1.6%.

 

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Eclipx Group (ECX)
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