Zalando (ZAL) to gain 50%

3 Ara 2024

** investment opportunity **

On the above 5 day chart price action has been in correction since July 2021. A full 80% correction. A number of reasons now exist to be long:

1) Price action and RSI resistance breakouts.

2) Trend reversal.

3) Support on past resistance. Look left.

4) The first and second resistances are shown. 55% and 130% above actual price action on December 3rd, 2024.

Is it possible price action corrects further? Sure.
Is it probable? No.

Ww

Type: Investment
Risk: You decide
Timeframe for long: This month
Stop loss: Will say elsewhere

4 Ara 2024

İşlem aktif

16 Oca

Not

Strong long confirmation as weak hands capitulate. €60 next resistance.