movements like this are good at times. Flushed out weak hands. Transfers positions to shorters/intraday shorters and fresh buyers are current levels. Adds further pressure when they realise they can’t cover lower. All what leads to a healthy upwards chart and growth projection for share price. A lot of the intraday shorters from the morning won’t hold overnight they will cover.
ZNO Price at posting:
$2.85 Sentiment: Buy Disclosure: Held
