Monday, July 20, 2015

Ezion: A Series of CFD SELL calls - then a breakdown seen today further.... NOW AT 0.925

Can Ezion touch the next support at 0.900 now, question is can that hold too ?? Let’s see, congrats to clients who have CFD sell positions locked in over the past 2 weeks  J

Sent: Tuesday, July 14, 2015 12:01 PM
Subject: ******** Ezion: Still hovering above 0.94 - 0.945 support dangerously, cautious long, More downside likely below again on a breakdown, price 0.96
Ezion has still traded below the critical 1.00 psychological support turned resistance level for the past 1 week after breaking down below it. Range would be from 0.94 to 0.98 - 1.00 for now with more downside likely if even the 0.94 – 0.945 does not hold either. Target to 0.900 then 0.800 with long term MA line still pointing downwards firmly with no reversal insight. As long as 1.00 is a resistance for now, more incline towards the downside, so cautious long. CFD SELL positions can be used near 1.00 resistance to take advantage of any downward retracement further or if support breaks down.

Sent: Thursday, July 09, 2015 9:25 AM
Subject: ******** Ezion: Breakdown seen with new recent low found, price 0.96
Have pulled further down to a new low of 0.95 as mentioned on yesterday breakdown. 0.94 - 0.95 may be a support for now but more weakness below this to 0.90 as mentioned previously. Seems like a clear support breakdown which it has been holding above since March. As long as 0.99 – 1.00 remains as the resistance, we are bearish with more weakness ahead, cfd sell, cautious long positions

From: Choy Kwok Sheng Joey Ignatius (AM6)
Sent: Wednesday, July 08, 2015 9:23 AM

Subject: ******** Ezion: Breakdown spotted below 1.00, cautious long position below 1.00, price 0.99
Seems like we are seeing it break below the 1.00 psychological level, clearing of 0.99 buyer wholesale will be a further confirmation for more weakness. CFD SELL can be used to ride any downside to 0.94 first as mentioned previously

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