Ezra — The Trend Continues 

6 Facts About Ezra

1) Price is currently below 200 and 100 EMA, which indicates the medium to longer term trend is towards the downside.

2) Only 1 out of the last 11 months, did Ezra closed higher for the month.

3) Price is currently over extended to the downside.

4) The 20 & 50 EMA is currently acting as dynamic resistance.

5) There is a gap since 29th May that is not filled.

6) RSI and Stochastic have been oversold for sustained period of time, indicating that the down trend is strong.

Trading Plan

A pullback towards 20 & 50 EMA provides shorting opportunity.

Stop loss will go above 50 EMA.

Kindly do your own due diligence. As always, comments are welcomed and encouraged. Cheers!

Do you know the 5 Secrets of trend following that makes it profitable over the last 200 years?

In my trading course I fully reveal to you what are the 5 secrets, and how you can dramatically improve your trading result.

You can download it here for FREE.