ASX_Limitlesss

#ZNO Zoono Group - Falling Wedge Pattern

Long
ASX:ZNO   ZOONO GROUP LIMITED
ZNO Zoono Group

High risk trade- i give it a 50.50 chance!

Zoono Group has appreciated a lot in 2020 due to the Corona Virus fears.

They sell a product used in sterilization and have had some increase in salesm none so that justify the current SP. Hence its a trde and not an investment at this stage

All the info is available on their website to do your own research

Falling wedge candle formation, two parallel trends, top trend has a greater angle due to making higher highs and is therefor bullish in nature

DYOR and let us know your analysis and thoughts for discussion between the group

Kind regards,
Mo (Momentum)

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