Lets Trade: ZRX Bullish Pennant brekaout

18 Ara 2018

So far the boundaries on this pennant have been respected and it seems that ZRX is setting up for a move to the upside.

Wait till pennant has been broken out of and the RSI/MACD provide positive divergence.

TRG1: 31c
TRG2: 35c

18 Ara 2018

Not

Starting to see a positive rebound from bottom of triangle. You may want to enter here but have stops set and be vigilant, pennants have a 65% chance compared to stronger patterns.

19 Ara 2018

Not

We broke out of the Bullish Pennant flag and we had decent volume behind her! She's got a bit of steam now, a gradual build up with consistent movement in volume is what I would like to see and I am willing to ride this wave all the way to our second trg and maybe add there.

19 Ara 2018

Not

Incoming 1st target, we are overbought but we will correct quick and continue, lets stop loss at 28c

21 Ara 2018

İşlem kapandı: hedefe ulaştı