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ZRXUXD near the bottom, next leg ?

ZRXUSD is showing some signs of bottoming. We are not there yet, but the price level is getting interesting. Like the whole market, it had retracement from almost $2 and is now trading just above trendline which started in April. First resistance is at $0.8, but if market recovers, ZRX should outperform well. RSI is showing signs of recovering, MACD is not there yet and its still in “bear” zone. Watch out for any setbacks under trendline (red), next stop is then $0.4 region, where was also a bottom in April. On the upside, I'm watching $1.25 region, the last high on the down move.

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