ZAP is currently bearish. We are currently in a short term symmetrical triangle. I believe this is a great opportunity, however, we need to wait for confirmation to buy.
Steps to take:
1) Buy if daily candle open/closes above blue downtrend line or Engineering Robo gives multiple buy signals (combination of two, Buy 3, Buy 4, Super Buy, Moon) 2) Sell if daily candle open/closes below current support line 3) Hold as long as current support lines are held
Comment
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We are still waiting on ZAP to find support. Expectation is .06 or .03 will be our bottom. Continue to use support/resistance lines and look for multiple buy signals. Once we break the blue downtrend line we should be free to move up.