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Stock Chart: Ezra!

by Dou on February 29, 2012

On Wednesday, Ezra trend upwards and closed at $1.25 with HIGH volume of 11.96 million shares traded.

During the past 10 bars, there have been 1 white candle and 7 black candles for a net of 6 black candles.  During the past 50 bars, there have been 22 white candles and 22 black candles.

Both RSI & MACD are bearish as RSI trend downwards.

Important Resistance of Ezra: $1.32

Immediate Support of Ezra: $1.20

Currently prices are supported by 20 days MA at $1.20

Today prices managed to rebound back on the support of $1.20 with high volume. This affirms on the bullishness of the investors.

However we would warn that the resistance at $1.32 is expected to be very strong as prices failed to break out in Feb despite re-test of 6th consecutive trading sessions.

As the prices are on …

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