Broke bullish from a falling wedge. This was to be expected. Looks ready to attempt to get above MA50, this time with good underlying strength.
Note
Helicopter view:
Note
Nice confluence around the $5 level. I'm ultimately expecting it to try for the magenta line again. Maybe this time she'll break it. There are many catalysts ahead for 2H20...
Note
...but at least until ZYNE can finally file an NDA with the FDA, the magenta line will remain my final target.
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.