DMI shows declining Negative Directional Movement (bear pressure), ADX line below 25 means weak trendforce.
Stoch RSI shows a hidden bullish divergence in relation to recent price action.
Possible triple bottom? (does it count as such?)
Bears are getting exhausted, if ZCL manages to break above 67-68 range we could easily see a target of 7387.
Buy Zone: 6281-6419
Target Range: 7311-7441
Stoch RSI shows a hidden bullish divergence in relation to recent price action.
Possible triple bottom? (does it count as such?)
Bears are getting exhausted, if ZCL manages to break above 67-68 range we could easily see a target of 7387.
Buy Zone: 6281-6419
Target Range: 7311-7441