Ezra is coming back to test the previous tough resistance at about $1.75. See previous analysis here. This $1.75 level is also close to 20D MA and 200D MA support. In addition, this is also the support for the Rising Wedge. If Ezra can stay above this $1.75 for the next few days, this resistance-become-support level will be a very good base for Ezra to start the up trend. Next Immediate Tough Resistance is $1.85 which is also the Rising Wedge resistance.
Tags: Rising Wedge