All important indicators are circled, chart is self explanatory.
Running out of room in the wedge and price needs to make a decision soon, also that trend line has been holding as great support.
$75 here we come, then $100 followed by GAMMA.
Price retraced to .616 on FIB and bounced hard.
Price has maintained inside the wedge and it's running out of room and time to run.
Coincidentally with all the news surrounding this massively shorted stock, cant wait for this MOASS. Right in time for a summer free vaccine due to restrictions being lifted and the masses being vaccinated.
Created double bottom
Then regained support after double doji circled in yellow within the red zone.
After pump created a hammer which is also circled in yellow which signifies strength continuation.
Would like to see a nice cool off to the buy zone, lets see how it plays out.
1- Reclaimed the 200 MA
2- Created new support
3- Wicked down to .618 on Fib after pump
4- In accumulation for almost a year.
5- Looks like divergence on RSI
6- Needs to breakout of descending channel for moon mission.
ZIL has been respecting Fib levels which line up with near perfect support levels. Also after the first pump it retraced 1 full day, after the second pump it retraced 2 full days and after the third recent pump it retraced for 3 days. Then started its new uptrend on 5/22/2020 which is the same date ZILON was released, coincidence or not its FA that lines up with...