Thursday, August 18, 2016

Ezion: May find new multiyear low again., right at the support... price 0.26


We have seen Ezion rebounded above the 0.300 only to be met with more selling.


Today we have seen a sell down below the support at 0.26 which was the low set 2 weeks back.


Longer term trend still weak with selling seen on every slight rebound so far.


Cautious long below 0.300 imo…..


Just to share…


We had a 1ET BEARISH SIGNAL ON 1ST JULY LAST MONTH….


It started heading lower then an EXIT signal came 2 weeks back…


Seems like another Bearish Entry Signal yesterday..…..


Waiting for a Final confirmation for more shorting…….





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Recent Emails:

Sent: Tuesday, August 02, 2016 12:37 PM
Subject: ****** Ezion: Breakdown below 0.30 further, selling expected below AGAIN... Price 0.275


Sent: Thursday, July 28, 2016 4:46 PM
Subject: ******* Ezion: Weakness seen, likely to test 0.300 next... price 0.32

Sent: Tuesday, July 26, 2016 4:21 PM
Subject: ******* Ezion: Weakness seen, likely to test 0.300 next... price 0.335

Sent: Monday, July 25, 2016 10:36 AM
Subject: ********** Ezion: Weakness below 0.37....Support broken... price 0.355, cautious

Sent: Tuesday, July 19, 2016 9:34 AM
Subject: *********** Ezion: Back to previous key support.... some short covering expected, more weakness below... price 0.375





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