BNP Paribas - Short Term - We look to Buy at 59.34 (stop at 57.18)
We look to buy dips. Previous support located at 26.20. Reverse trend line support comes in at 60.00. The daily chart technicals suggests further upside before the downtrend returns. Further upside is expected although we prefer to set longs at our bespoke support levels at 60.00, resulting in...
What will happen in the week ahead for Z1P ? My guess is as good as yours, although I am leaning slightly to Z1P validating a counter trendline break as the money rotation slows.
The 0.618 retracement has been respected as resistance a number of times inside the falling wedge, as a result the $8.50 - $8.70 is worth watching closely. Additionally, Z1P at the...
Based on long term trend and continued increase in Profits a good potential long opportunity is building. Strong support area's converging along a potential 61.8% Fib retracement from COVID low areas.
Best buy in price could be around $4.80-$4.90 with a stop loss around the $4.50 mark and first Take Profit (Trading not Long Term) around the $10 area.
A good...
