ZIL to break out of symmetrical triangle soon
If it breaks up, should retest $.16 area. If it breaks down, could bounce of the $.12 area or continue down to as low as $.10 and that should hold as strong support and be a good buy zone.
Kommentar:
Testing upper line of the triangle now. If it breaks out, a good short term trade could look like Buy: $.14 Sell: $.22 for about 60% profit.
Kommentar:
Didn't break out, but still finding support and resistance on the triangle. Gonna be squeezed out one way or another soon.