Ezra Technical Analysis
Ezra has been trending down since January 10. It is now approaching a trendline support confluence by the 200 MA. RSI is approaching oversold which is also the support level of the previous two troughs. It is quite possible that the bottom for this round of pull back is insight. However, should the trendline support be penetrated. It is going to be very bearish. It will imply a downside target of around $0.78.
Labels: Stock Pick
posted by Market Wizards @ March 01, 2013
