Let’s see if the 0.140 support can hold. Breakdown below 0.150 seen last week as per email to clients.
Sent: Friday, July 24, 2015 4:29 PM
Subject: ******** Ezra - Still a negative below 0.150, CFD SELL, price 0.147
Subject: ******** Ezra - Still a negative below 0.150, CFD SELL, price 0.147
From previous call, we are still seeing EZRA trade below the 0.150 psychological support turned resistance level. More downside still possible if the 0.145 -0.146 gives way too, CFD sell to ride more weakness. As mentioned previously, All 3 moving averages still pointing lower and no reversal in sight as yet. Only the upside breakout above 0.150 – 0.155 will invalidate our bearish scenario.
Sent: Wednesday, July 22, 2015 9:29 AM
Subject: ********* Ezra - Back to crucial 0.154 -0.155 support, more weakness likely below, cautious long , CFD SELL
Subject: ********* Ezra - Back to crucial 0.154 -0.155 support, more weakness likely below, cautious long , CFD SELL
Has broke the 0.150 level today even, please read below and be careful long positions. Don’t look good at all if it maintains below 0.150 now. CFD SELL to ride any downside as mentioned as it head lower to find a new low !!
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