I have been in and out of ZIL recently for decent profit. Looks like this thing is going higher.
1. C&H formation looks appropriately identified here.
Buying opportunity = Looking to reenter at the buy zone indicated o the chart (and lower if it dips there.
Stop loss at the level indicated.
2. Bullish divergence visible
3. Double bottom? I think the time frame is too short to call it as such, but noting it anyway.
We shall see. Bullish long-term on this project.
DYOR. Not financial advice. Good luck.
1. C&H formation looks appropriately identified here.
Buying opportunity = Looking to reenter at the buy zone indicated o the chart (and lower if it dips there.
Stop loss at the level indicated.
2. Bullish divergence visible
3. Double bottom? I think the time frame is too short to call it as such, but noting it anyway.
We shall see. Bullish long-term on this project.
DYOR. Not financial advice. Good luck.
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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.