Long
ZYNE Racking UP; ALGO Img.
ZYNE dips into the Ichimoku Cloud #2 before heading back up, to the top of its Cup & Handle (inside the 5 day view). As mentioned in prior posts, the 2nd Ichimoku Cloud (shaded in purple) indicates that when price enters its range, it's bound for change. See Algorithm imaging here:
https://docs.google.com/spreadsheets/d/1pfkF_A35OkXK4sUCwD8hIP1KcO6--91SuJWu8XCx0eM/edit?usp=sharing
https://docs.google.com/spreadsheets/d/1pfkF_A35OkXK4sUCwD8hIP1KcO6--91SuJWu8XCx0eM/edit?usp=sharing
Note
Cup & Handle inside the 5 day view
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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.