ZMM 0.00% 1.1¢ zimi limited

weekly chart inverted head & shoulder pattern, page-3

  1. 19,172 Posts.
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    And Frmen1, I have to disagree with you.

    Maybe we're all seeing it the way we want to see it but in my opinion, for a true H&S pattern to have formed, we needed to close recently at 5.5.

    To me the uptrend is firmly in tact and being played beautifully by the smart money. That was confirmed in yesterdays auction when an algorithmic buy order was used with a single share to make absolutely sure we closed at 4.6.

    This price represents strong support and the next uptick should begin any time.

    One thing for sure is that one of us will claim bragging rights to getting correct what is really, nothing more than a guess.

    Luck everyone.


    Gottalove...
 
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