ZMM 0.00% 1.1¢ zimi limited

breakaway gaps, page-8

  1. 4,578 Posts.
    Rawk,

    My technical analysis is....

    When sp closed above its previous high back some months ago 5.1 and closed on its intraday near top end of candle stick. This can signal further bullish uptrend the next day...

    I think in the next few trading days the sp will come back to its MA and test the bar (moving average) 5-5.1 cents will form support for the next leg up after that...

    Hope this helps...
 
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