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Stock Chart: Ezra, AusGroup!
By Dou  •  April 17, 2012

On Tuesday, Ezra re-tests the support at $1.10 and closed at $1.115 with LOW volume of 5.47 million shares traded.

Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Both RSI & MACD are flat as RSI trend sideways.

Important Resistance of Ezra: $1.17

Immediate Support of Ezra: $1.10

Currently prices are resisted by 20/50 days MA.

Since 12/Mar, prices have been consolidating between the key support at $1.10 and key resistance at $1.17.

The support at $1.10 is expected to be strong.

Till now, we do not observed any heavy selling pressure. If interested, do consider to buy at $1.10 support but cut loss once this support breached with high volume.

On Tuesday, AusGroup re-test its support at $0.37 ...

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By Dou
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