On Thursday, Ezra re-test the support at $1.32 and closed at $1.325 with HIGH volume of 11.54 million shares traded.
Both RSI & MACD are bullish though RSI already in overbought region.
Important Resistance of Ezra: $1.455
Immediate Support of Ezra: $1.32
Currently prices are well above 20/50/100/200 days MA.
Today Ezra undergo heavy profit taking as investors sell for the recent gain. Prices re-test the support at $1.32 and managed to close just above it.
The support at $1.32 is expected to be strong.
We would suggest not to buy on the overbought region especially when investors have began to take gains. Sell when $1.32 support breached will be a better option.
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