ZYNE Racking UP; ALGO Img. Long

Description

⋅ Jun 23, 2020 9:31 PM

ZYNE dips into the Ichimoku Cloud #2 before heading back up, to the top of its Cup & Handle (inside the 5 day view). As mentioned in prior posts, the 2nd Ichimoku Cloud (shaded in purple) indicates that when price enters its range, it's bound for change. See Algorithm imaging here:
https://docs.google.com/spreadsheets/d/1pfkF_A35OkXK4sUCwD8hIP1KcO6--91SuJWu8XCx0eM/edit?usp=sharing

⋅ Jun 23, 2020 9:34 PM

Cup & Handle inside the 5 day view

Comments

A1Bullish

⋅ Jun 24, 2020 10:42 PM

But what is the target?

Barkworth

⋅ Jun 24, 2020 5:12 AM

Agreed. Packing energy and about to take off.