Hey my friends, JAZZ PHARMACEUTICALS is in a bullish movement with a rising leg doji and low sell volume traded. In the TIMEFRAME M1 we notice a large hammer candle with a low return on purchase volume. She goes on the VWAP to test it as well as the bollinger's bollinger and ends up on the top of the stabilization zone to check it. Strong possibility of breaking the price with the return of momentum for both the area to go in a second and land in a next high. Before a next breakout a stabilization zone (on the TIMEFRAME H4) come on the last trade see if the excess is giving way with bearish breakout gap filling. And some resistance to pass (on the TIMEFRAME H1) we can see a conviction to come and fill the same.
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Please LIKE & FOLLOW, thank you!