TA & charts, page-1067

Hello everyone

No updated chart for Z1p since mid march.............oh well lets have a look at the tale of the tape as we speak.

Currently Z1p is on a potential wave 3 up, the strongest motive wave in the 5 wave series according to Ralph Elliott.

The 9ema is on a divergence course with the 20 sma which is bullish, all indicators set for a good run, all poking in the right direction, what I like most about this stock, is there is very little resistance until it reaches possible resistance @ 1.618 fib extension.

Never the less, one needs to be cautious about a possible dead cat bounce, however, I just dont see that happening as the dow continues to show strength, my advice, keep a watch out for that dow, cause I certainly see a good drop once reality hits and the real data is shown via the june half results..........it wont be pretty FACT.

Based on this information, I have taken a position, but I will have a very tight stop loss, to mitigate the potential Dow fall.

This is my opinion only...........

GLTAH,