My favorite triangle pattern emerging in ZUO. Waiting for triangle to break out.
Option A: it might break out now
Option B: it may fall down a little, break the bottom support and then break out the triangle upwards.
Either ways, looking for a short term target of around $12
here were seeing the buy, buy zone to DCA would be the entire RED box on the trade. Pretty weak charts but the idea is simple, this thing should explode easy double
looks like a bit of downside here on the tech newcomer. trend start took place i would be surprised if we didnt see this in the 10-11 range before years end
Pure technical Entry.
VSA . price action and fibo included for analysis
Market will take 2 - 7 days to achieve Target . close trades during weekend .
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ZUO is beginning to breakout on the daily chart from the long term bearish trend line (purple) after crossing over the 200 period MA (yellow line). There is plenty of support from ichimoku clouds (green shaded area). The regression channel (red and blue shade) shows a 96% correlation which indicates this is a strong bullish trend (thick blue line). Bulls should be...
Pattern completing @$15.16ish. Expected to retrace to the 0.236 fib level ($14.72) and possibly to the lower channel support @ $14.20-14.50, then bullish till $21-22.
This stupid ass website deleted my analysis, 30 min of meticulously worded explanation. Im not gonna do that again, so long story short, Zuo will hit 20+ by early march and 22-24 by end of april.
Hey my friends, ZUORA is in a short-term bearish fake dynamic with marubozu and low executed sell volume. In the TIMEFRAME M1 we can see a hammer candle shape with a large purchase volume, which is currently breaking the base of the bolinger. And went to the VWAP for the broken one, she went to the top of the consolidation zone for the test. High potential for...
Zuo is consolidating in a wave 2 retracement and holding the trendline of the march lows.
If this continues, and price holds above $9.61, we could see it bounce to $15 by end of march
THe EW wave counts lines up perfectly with a 618 bounce for a wave 2, and the wave 3 projection lines up perfectly with the pitchfork upper boundary.
A dip to 10.78 is possible as RSI is dropping, however i expect a rise soon after to complete the 3rd wave between 11.75 and 12.20
