LONG-TERM ANALYSIS OF GOLDthrough the technical analysis we can recognize that price needs to complete the bullish bat harmonic pattern. so it will reach to bottom of its channel. then can set buy orders, according to your strategy.
Reversedivergence
Reverse Swing Trade for Small Profits#ZM seems to have touched its support zone between 250-60 level and seems to be reversing from here as seen on Hourly charts while Daily charts are still showing downtrend. This is a reverse swing trade to take advantage of small up swing for smaller profits and to test waters if Bulls are ready to take this stock higher or not.
Buy #ZM between 270-75 with SL 260 for targets 300-325-350 in next few days where it may get its resistance and that will be a good level to short this stock once again with good risk/reward.
For educational purpose only. All disclaimers apply.
