After forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation into the upside levels in the coming weeks ahead depending on the momentum.
Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region.
From there we can see a continuation into the upside levels in the coming weeks ahead depending on the momentum.