Selling down further likely below that….. downtrend intact….
Sent: Thursday, January 14, 2016 1:07 PM
Subject: ********** Ezra: Resistance at 0.080 now, more selling likely below, price 0.076, no stopping the decline....
Subject: ********** Ezra: Resistance at 0.080 now, more selling likely below, price 0.076, no stopping the decline....
From previous sell call, we have indeed seen Ezra hit the target at 0.080 and today a breakdown below again to a new low. Note that downtrend still intact with no stopping it for now, CFD SELL to ride further from here as long as 0.080 is a new resistance. May find some support at 0.074 then 0.070 for now BUT overall, and technical rebound may only be meet with more selling back to support a we have seen over the past few months. Lower buy stop loss to protect profit and cover back some shorts near 0.070.
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