Ezra - My Stocks Investing

Ezra: Going to Start an Up Trend?

Post author:Marubozu
Post published:July 11, 2010

Ezra seems like have completed a nice and complete Elliott Wave pattern (1,2,3,4,5, A, B, C). Currently Ezra has formed a higher low and testing the 61.8% Fibonacci Retracement resistance at $1.805. Breaking above this resistance will give Ezra to test 20D and 50D MA resistance at about $1.84. Going above these resistances give Ezra a very good outlook in forming a “Higher Higher, Higher Low” uptrend pattern. Next immediate resistance is 200D MA at about $2.10. Welcome for any comment if you have different views.

Ezra – Has Elliott Wave C Completed?

Post author:Marubozu
Post published:May 31, 2010

Ezra looks like have completed the Elliot Wave C after bounced back from the 50% Fibonacci Retracement Level. Is it a good entry point now? Probably we need to watch whether Ezra can break the 61.8% FR resistance at $1.805 and also the 20D MA resistance for a clearer stock movement.

Ezra – On Elliott Wave C now

Post author:Marubozu
Post published:May 14, 2010

Ezra is currently on Elliott 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.