NASDAQ:ZI broke out of the head and shoulders pattern and is now targeting 64.4$, good opportunity to buy today. Place stop around 42$ Hit the like button please if you find this useful :) This is only my own view and not a financial advice, do your own analysis before buying or selling Happy Trading!
I am not good at chart patterns so I rely on mathematical-based indicators. Today is a good day to trade ZI on the bullish side.
Chartoholic
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@KhanhC.Hoang, It could still go to around 40$, will monitor price action around 40$
KhanhC.Hoang
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@Chartoholic,
since ZI is a new symbol to me, my lot size is very small.
Chartoholic
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Perfect stop, stock bounced back 👌🏻
Chartoholic
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True but the fundamentals remain strong. To me, these offerings are opportunities to buy when the company is doing well and if you only want to trade the chart, the stop loss is not far away
MoneyFishing
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The lock up period and new offering puts risk on this move.
tlawson1214
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Eventhough lock up just ended and they had another offering you think its going up?