Thursday, April 7, 2016

Ezra: Did you catch the low and then the rebound back up?

Now at 0.106…… heading back to 0.120 as mentioned yesterday?

Sent: Wednesday, April 06, 2016 3:52 PM
Subject: ************* Ezra: A Doji spotted yesterday which can lead to a short term upwards reversal, price 0.100....
We have seen Ezra broke upwards above the 0.095 temp resistance as mentioned yesterday with some short covering on profits as mentioned. A candlestick doji spotted yesterday with a break above the temp resistance at 0.095 – 0.096 which can see a reversal. Any closing above the 0.100 level again can see more buyers coming back to bargain hunt and a rebound back to 0.110 then 0.120 may be possible again. Stop loss at 0.098 for any long positions above 0.100 to ride the rebound. Congrats to those who wrote the downside previously and covered back yesterday. Now is time to prepare for upwards rebound.


No comments:

Post a Comment