ESTAR : Should retest 0.51 soon enough

There is a chance ESTAR will manage a bounce to 059-0.60, but for it to hold or surpass this range some good news and plenty of heavy buying will be needed. There is more chance it will fail at 0.58 or slightly higher and come off to 0.51-0.52 in coming days.

Lower support is seen at 0.48, with 0.55 the breakdown point for the near term.

ESTAR : If 0.40 gives way, 0.33 will be the target

ESTAR has last ditch support at 0.40, just below its closing price on Monday. If this level gives way we suspect the stock will dip to 0.33 give or take a spread or two either side.