Ezion: A further breakdown below 0.700 after morning call issued.....

Now at 0.67, where would be the next support?

Sent: Monday, August 17, 2015 9:51 AM
Subject: ******** Ezion: Breakdown spotted below 0.73 - 0.74 support. price 0.72

Have broke below the temp 0.73 support today too on strong volume and this can see it attempt a breakdown below the key 0.700 support level next. CFD SELL can be used to ride more weakness below 0.700 with short term trend still pointing lower. Seems like sellers emerging on any slight rebound with it finding a new low on each minor consolidation. Cautious long.

Sent: Friday, August 14, 2015 9:30 AM
Subject: ******** Ezion: Still a negative below 0.800, cautious, price 0.755

Following up fro previous sell call, we have indeed seen it trade to a low of 0.735 over the past 2 days. Range would now be from 0.74 to 0.80 and there can still be more weakness if it stays below the support turned resistance at 0.800 now. Any further clearing of buyers from 0.73 – 0.74 can see it head towards 0.70 then 0.65. Trend still looks weak with short term momentum still negative. Selling pressure out on any slight rebound seen. Only the upside breakout above 0.800 will invalidate our bearish scenario, in this case a recovery will shape towards 0.85. CFD SELL can be used on any slight rebound near resistance or on a further breakdown below 0.700.