Tuesday, November 12, 2013

Ezra - Trading buy setup

Ezra currently is on an upward trend, price have consistently stayed above the 10 simple moving average. This could be a possible breakout trade, Ezra will be bullish bias if price break above $1.37, bearish if price close below 10SMA, around 1.32.

Entry: 1.37
Initial Stoploss $1.32
Timeframe: 1-3weeks
Target $1.49