Offshore plays at support

EZION HOLDINGS (61 cents) - Rebounding off support
- Prices rebounded after testing support at 53 cents
- Resistance at 67 cents

SWIBER HOLDINGS (84.5 cents) - Drifting lower
- Prices have drifted sideways for six weeks, and are now at the 50 day moving average at 83 cents
- Resistance appears at 97 cents

COSCO CORP ($1.24) - At support
- Resistance/breakout is at $1.30
- A successful break indicates a target of $1.47 initially, and $1.80 eventually

EZRA HOLDINGS ($1.18) - Support at hand
- Quarterly momentum is weak
- Support at the $1.15 to $1.18 range
- Resistance is at $1.29

FALCON ENERGY GROUP (64.5 cents) - Forming triangle
- Support has been established at 56 cents
- Breakout is at 67 cents
- A successful break indicates a target of 82 cents

ASL MARINE (82.5 cents) - Still corrective
- Quarterly momentum is somewhat weak
- Support is at 80 cents
- Strong resistance is at the 97 cents to 98 cents range.