Not even sure what this company does. Saw the massive descending wedge and the long legged doji candle and longed $88.09. Sold the 200 MA. Shorting here. 25% allocation for this trade. Weekly Stoch 100/100. Just a matter of time, impossible to short the exact top. Not advise obviously
Potential breakout. It has to test the 0,88$ area. Afterwards huge potencial to rise. Any news could help the break out and achieve the price target. TP 1 ~ 1.13 TP 2 ~ 1,30 Tp 3 ~ 1,50
ZSAN is a buy here. It has quietly broken out of its wedge and looks ready to run much higher
Here is what i see on a daily chart...a down trend that consists of a (1,2,3,4) runs & retraces and it already has shown to repeat itself twice. - Measuring the firs Leg 1&2 with Fibonacci Retrace gives us retrace point at 61-50%, bouncing of an outer trend line. - Measuring sequence of 1,2,3 with Fibonacci Extension gives us a second run 3&4 at 61% ($2.59),...
-October: bull closes inside previous bear -November: no continuation on neither bull or bear positions. -December: price drops lower closing with bear at the price area of previous 4 month. Hold price area at $1.55 Note: price will be fluctuating during a month time between $2.18 and $1.55 (for a small in and out day trades) Bar tails indicates speculation on...
Entry yesterday with expectation that 4 would break. Made aware on 3.90 scanner for early key psychological breaks on strength within key EMAs
This was posted late, but I have my full video analysis from last night you can watch on youtube. The link to my channel is in the description!
This is an attempt to explain why I have zsan at buy until 4.65. Analysis shows that there is a fraction of remaining equity from the large purchases made earlier this month. I believe the chart says the price reads 4.55 but needless to say i'm being rather gracious with 4.65. Essentially a discussion of behavioral analysis of a stock on a short term basis from a...
In large, for my account, on Zsan tonight. I think tomorrow morning presents an interesting opportunity, one I would like to discuss with other traders on the market. To me, with the exception of this weeks poor performance on the Dow, markets look bullish. This serves as the underlying general principle of the trade. Specifically on Zsan, I believe these bullish...
Although I am not an astronomer, the stars look aligned for ZSAN to break above $2.40. Entry around $1.68, stop loss $1.43 and take profit of $2.38
ZSAN is in strong downtrend but i'm expecting a strong wave up if the price breaks the previous structure. Potential gain above 75%.