Zalando (ZAL) to gain 50%
** 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
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
Trade active
Note
Strong long confirmation as weak hands capitulate. €60 next resistance.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.