Can the 0.080 hold for today?
Sent: Monday, January 11, 2016 9:10 AM
Subject: ********** Ezra: New low again on breakdown below 0.090 critical support, more weakness likely to find a new lower consolidation. Price 0.088
Subject: ********** Ezra: New low again on breakdown below 0.090 critical support, more weakness likely to find a new lower consolidation. Price 0.088
Ezra has traded below the critical 0.090 psychological support level today with a new low at 0.087. Selling pressure seen on strong volume. CFD SELL positions can be used to ride any weakness from here as long as 0.090 – 0.092 remains as the resistance now. Downtrend in the long term still clearly in place as of now with no reversal in sight. Target to 0.080 then 0.060 can be possible as it breaks below each minor support and head lower over the past few months.
Sent: Friday, December 18, 2015 9:20 AM
Subject: *********** Ezra: New low over the past few days, bearishness towards 0.090 likely.. price 0.095
Subject: *********** Ezra: New low over the past few days, bearishness towards 0.090 likely.. price 0.095
Ezra has maintained below the 0.100 new psychological resistance over the past few days after breaking below it on Monday. Hit a low of 0.093 and a slight consolidation seen. There can still be more selling pressure towards the 0.090 temp support. Any further breakdown can open the way to 0.080 with downtrend clearly intact and oil prices weak. CFD SELL still as long as 0.100 is a resistance.
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