ZIL correction
Updated
Like I've said before, ZIL performance last few weeks is from another planet.
On the higher timeframes ZIL is highly oversold like the RSI is showing and there for a healthy correction is needed before going up further.
Looking for a buy back in the green box based upon support line and fib levels.
On the higher timeframes ZIL is highly oversold like the RSI is showing and there for a healthy correction is needed before going up further.
Looking for a buy back in the green box based upon support line and fib levels.
Note
We are still maintaining our position mentioned in our previous post.When the stop loss is triggered we are looking for a buy back in the green box.
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