I believe ZION is Short for the Weekly
I believe ZION is Short for the Monthly
I believe ZION is Neutral for some time...
I do not have a position in this. If I did though, covered call could look nice. A LOT of resistance here around 32.00
ZION is coiled up on daily. Price bouncing off of 50 ma, into a bullish engulfing candle pattern. Expecting a move up from here.
I shorted this on Friday, but was unable to post as I was at work. My conservative 2R exit is 26.63, with my entry and stop 28.05 (.5% risk) and 28.77 (1 ATR from entry) respectively. GL!