Zn!1
Closed Zion Oil & Gas Today! 43% Gain! (ZN)This penny stock we've had april 1st and looking at a juicy 43% Gain!!!! 🥳🥳🥳🥳
Now we have called over 500% in gains this year with cryptocurrency and stocks in just the last couple of months!
I can't make this stuff up! It is all time stamped on my feed. 💰
So why did we take profit on this one today?
I took a more aggressive approach as the 3day is starting to compress on my candles and the top 2 ema dots indicator is firing red.
I know some of you on my page were liking the setup when I called it. Congratulations of you ran with it. 🥳
Jump the gun a little bit but shoot, I'll take those gains and secure the bag! 💰💰💰💰💰💰💰
Its literally as easy as that with our system! Line them up and ride thr green and cut the red!
🥇MLT | TRADE LIKE A PRO!!!!!!!!
T-note scenarios for 27/05We moved away from previous 2-day balance (medium yellow box) at overnight and bounced back and forth previous demand zone at cash session, so it lost it's strenght. Removed it from the chart then included longer time frame value low in purple at 138'26. We can see that market has been rejecting value higher so far (tails and bottoming shown by red arrows) but as long as we stay between purple line and last big supply at 139'08 there's no definition of higher TF trend. Possible moves for next days are drawn in red and green.
Scenario 1:
We could play between these zones, for sure, as seen in blue line. it's a big range for day trading. There's a low volume area at the cumulative volume profile (right) just above previous day value area (smaller yellow box). If overnight keeps balancing a little higher than that and we get a extension lower at cash open, could be a risky long for continuation at 138'30'5/31. Target at 139'07/08.
Scenario 2:
139'08 could be a short play if it gets the same bounce from overnight first. However I'm shifting to long if it breaks since it's LIS for initiative move lower
Scenario 3: Market returns to previous day's value. Won't do anything. However, since market kept building volume towards purple line, this became my LIS for shifting from neutral to short. Will wait for it to break then sell pullbacks, target at 138'16, supply zone near bottom of macro value from couple months now.
I got shaken out ZB as you can see from my other idea but I'm still long at 27'5 in ZN so I'm hoping we get at least scenario 1 or 2 so I can get out hahaha
ZN For long term investmentThe ZN showed an equilibrium of trend since 15 April. So for long term investment, we need to wait for the point break of the rectangle
Only the rectangle could give us an idea of how it would move for the next month.
- Right now if you have already placed a long term investment in ZN you should keep it and wait for the beak of equilibrium, to decide the next move.
- If you think about investing for the long term in ZN, it would be better to wait for a breakpoint sign of the equilibrium.