Price at discount. Beautiful wick out in yesterday’s candle, bouncing off the 20MA’s on the daily timeframe - as I forecasted a week ago. Price also wicked off the lower side of the bullish channel to create what should be now a new higher low before a projected impulse move to make a new higher high hopefully clearing $3.6. How long will this take? No idea but my hunch is this could be a three to four week slow-ish rise which would be solid as it would be a consolidation period and create a strong foundation.
Looking at price by volume in the last six months, price could use some volume in the range of $3.00 to $3.50.
ZIP Price at posting:
$3.17 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)