Ezion: Touching our first TARGET at 0.600..... Rebound or a further breakdown now?

Let’s see…. Some managed to participate in the downside…..

Sent: Friday, November 20, 2015 9:17 AM
Subject: ************ Ezion: Breaking below 0.63 support a negative short term..... CFD SELL possible, cautious long.... price 0.625

Ezion has traded above the 0.63 support since Aug and today we have kind of seen a strong volume breakdown below this key support level. This may pave the way lower to 0.60 then 0.54 which was the low in August. Longer term trend still looks weak with all moving averages sloping downwards still. As long as it stays below 0.63 – 0.64 down, we can expect more selling pressure ahead with MACD also crossing below to negative territory over the past few days. CFD SELL can be used to ride any downside…