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[sharechat] ION - technical picture?

From:	" Hans van der Voorn" <vandervoorn@xtra.co.nz>
Date:	Thu, 31 Oct 2002 14:18:11 +1300

I see ION have come out with an announcement that they have been successful with a contract to supply engine blocks to Holden.

Phaedrus, I wonder if you could provide an update on the technical picture. To my untrained eye they appear to have broken out of the downtrend they have been in since June.

I have already taken the plunge and bought back in after selling in June but it would be nice to have the confirmation of your technical analysis. I know other members of the forum have been in ION so presumably there would be a reasonable amount of interest from them as well.

Any other comments on ION would also be of interest.

Best regards

Hans

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