Thursday, 22 January 2009

EZRA - update

back on 8th Jan , i mentioned " short term wise the counter might have hit a top and the price could come down to around 70c level ... watch closely for re-entry opportunity ... "

Since then , Ezra has slowly come down and currently it downtrend is still intact . Next support level is at 64c . Failure to hold up at 64c could mean heading down to 54.5c . I would be very tempted to look for re-entry opportunity at that level .. watch closely ...

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