******************** Bearish Setup: Ezra - a series of sell calls, then a BREAKDOWN..... NOW AT 0.475

More downside as mentioned below 0.500 now ?

Sent: Wednesday, March 11, 2015 2:23 PM
Subject: ********************* Bearish Setup: Ezra - Support at 0.050 to 0.051 did not hold, CFD SELL on breakdown.... price 0.49

After being supported above the 0.500 psychological level for about 3 months, today we have seen a breakdown to a low of 0.485 as of now. There can be more downside to 0.46 then 0.40 as long as it stays below 0.500 now. CFD SELL ENTRY to ride the downside from here on with buy stop loss at 0.515. Longer term 100 and 200 day MA line still looking negative and downtrend still in place. Careful long positions. CFD SELL.

Sent: Wednesday, February 11, 2015 9:42 AM
Subject: ********************** Potential Breakdown: Ezra - Support at 0.050 to 0.051 critical, CFD SELL on breakdown.... price 0.52

Note that Ezra has been trading with lower highs formed over the past 2 months and it is again nearing the critical support at 0.50 – 0.51 level. Any breakdown below this level on strong volume can lead to a new phase of downside to 0.46 then 0.40. CFD SELL can be used to ride any downside. Overall short to mid term trend still looks negative with it still trading below the 0.56 immediate resistance and also below the channel resistance line. Watchlist for a potential breakdown and careful any long positions if it does happen.