Nice impulse up with volume over the past few months with a clear ABC correction. The recent correction "may" have finished because $10 (near the .5 fib) is a big psychological level and the dip below it was bought very quickly on Friday. Could we go lower? Certainly, but I would keep this one on a watch list.
Good luck and trade safe!
Good luck and trade safe!
Komentarz:
Today SHOULD have been the low for wave 2. Next wave is 3 with the target above 14.00. May take a few weeks, or not. ZYNE can run very hard, very fast. Anything lower than 10.38 and this analysis gets invalidated. Good luck
Komentarz:
Everything still looking good. 14 dollars first target
Komentarz:
Zyne has been faltering - not sure if it wants a leg lower. Certainly seems like a bear flag is forming. I stopped out already. Will continue watching it.
Komentarz: