ZFGN had a huge decline followed by consolidation. now it seems breaking upward & just crossed the EMA 5 & 9. For long we are looking for break of 3.35 & our first target is 3.57 & 2nd 4.93, just underneath the 50 day moving average.
We are keeping a very small stoploss as it is a speculative trade & had both insider buying & selling.
"You can check our...
As already described in previous ideas. ZFGN has to confirm the 6.83$ support line and kep the 7$.
The Stochastic slow strategy indicates to sell it now.
if you enter at 6$ is ok you ´ve made 17 % profit. o:) and can sell. But as I underlined this stock is going up until 8.16$ the second support line.
sell now if you enter at 6$ or keep it until the...
ZFGN is testing the 6.86$ support line.
If at the closing day, the stock hold this price. it is sure That it will soar until 9.63$ the next support line.
meanwhile if not i put my stop loss at 6.5$.
But in point of view investors are betting on suprising announcement at the 36th annual Health Care Conference
in Boston on Tuesday, March 8, 2016 at 10:40 a.m. ET
I am short with zgfn . I will buy at 6-6.1$ according to the resistance line.
The same rebound seen on 20.01.2016 has to be seen again regarding the stochastic slow strategy calculated during 60 days.
if i am wrong I will sell all at 6.83. my entry price.