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May 31, 2010.

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Friday, May 14, 2010

Ezra - On Elliot Wave C now

Ezra is currently on Elliot Wave C and is probably heading towards the correction target of $1.805 (61.8% Fibonacci Retracement Level) or even lower at $1.55 (50% Fibonacci Retracement Level). Current Ezra chart looks bearish as the stock price has broken the 200D MA support and $2.00 psychological support. 20D MA is falling drastically and is going to cross down the 200D MA.

1 comment:

  1. My opinion is that EZRA has formed double tops. Measuring objective gives a price target of $1.66.

    ReplyDelete

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