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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