Bullish divergence on the daily as of time of posting, however, macro bearish!
Target is support, and RSI needs to get oversold on the Weekly.
Once support is tested, ZOM can run again, or it can just reverse-split LOL.
$ZOM right now is selling for around 0.90 a share and I believe it has potential to go to its former value back in february once again or even to higher heights it is shorted heavily at a Short Interest ratio of around 38%.
I'm no expert but I'm pretty sure that is a decent falling wedge. Today's candle topped (so far) right at it as well. If this breaks up, it can definitely run. There are a lot of bag holders out there super frustrated and waiting for something to happen.
MACD is still bearish but once that and RSI show some signs of reversal, we might be onto something.
Barrish butterfly. Two death crosses = the 20 MA and 50 MA going below the 200 MA on the 4 hours today. Wait to enter after the pattern is complete.
In a short position myself. Not financial advice.
Lower lows flagged.
Triple spike in the works and looks primed to start running right up to the highly anticipated Truforma launch.
Looking to confirm upwards move with a break of the previous high $2.70
Target: $10.80-ish give or take.
Time: 1-2 weeks.
Important day!! 10/10 days that we have to close above 1$ to keep it at NasDaq. But...! Only buy at the end of the day to let it run to our target. The closure above 1.00$ is the most important. What happens throughout the day is unimportant in my opinion!
I have taken a close look at this company. In my view, the rise will continue uninterrupted unless the...