Monday, August 24, 2015

Ezra: A SERIES of sell calls over the PAST WEEK and a new recent low formed again.... price 0.097

Can temp support at 0.095 hold?


Sent: Tuesday, August 18, 2015 10:02 AM
Subject: ******* Ezra: breakdown seen below 0.110 further, not good...... price 0.107
As mentioned yesterday, the support at 0.110 did not hold and we have seen it dipped to a low of 0.106 today. May see it consolidate from 0.105 to 0.110 before it heads lower towards the critical 0.100 As mentioned all along, downtrend intact with it breaking new low on minor consolidation. Moving below 0.100 can pave the way to a new low. CFD SELL while lower BUY STOP Loss along the way. Buy stop loss can be at 0.112 for any short positions.

Sent: Monday, August 17, 2015 10:27 AM
Subject: ********* Ezra: More downside further if 0.110 does not hold.... price 0.111
Following up from previous few SELL calls, we have seen Ezra still maintained below the 0.118 to 0.120 resistance level. And today we have seen it dipped to its next critical support at 0.110 on top 10 volume. There can be more weakness if this support breaks down as well where we can expect it to trade to 0.100 first. CFD SELL can be used on any slight temp rebound with downtrend intact.

No comments:

Post a Comment