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Friday, September 30, 2016

Ezra

Dash for Trash! Opec deal to cut oil supply brought many bulls into Ezra believing that oil prices has bottomed. Oil rebound will not solved Ezra deep seated debt problem. Ezra's bulls is caught will massive volume yesterday and the unwinding of long position next week may leave many bulls wounded. Strong resistance remained at 0.06 but for the short term it is going to test 0.054 level. If not support at 0.054, it should retest the 0.049 level.


All posts and charts are for educational and illustration purposes only

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