GBPJPYThe yen yielded some positive results in the past weeks, looking ahead, waiting for the GDP release in a few hours, we'll be closely looking at how it will perform this week, with 2 areas of interest, a break and retest will be ideal to trigger an edge for a short term within the 50 and the 61% monthly fib zone channel range, till a break on either side, let's see how it all unfolds
ZYNE
Zyne I think it's decision timeJust saving this for myself to look back at later lulz. But yeah I think it's decision time. I think chances are it spikes soon and good targets could be those yellow circles, but there's a chance we keep bleeding so not financial advice, educational for myself ;)
ZYNE - Down and UP!The price is approaching the support level of $ 4.10 and will test it.
1. If it rebounds, it will most likely go up to the resistance level of $ 4.85 and test it. (+ 20% growth).
2. If the price breaks through the support level, it will rush to the global support level of $ 3.31 (fall by 22%) and most likely rebound from it and go up.
If you like the idea, do not forget to support with a like and follow.
Thank you and Good Luck!
$ZYNE price levelsZYNE lost its marbles along with the entire Cannabis sector. Here are the levels Im watching. Until then I am staying on the sidelines.
ZYNE is trying. Finally.Broke through lower diagonal. Needs to see continuation before a retest. There is a nice gap to close around $11.
Big Pharma is expected to enter the market if/when the MORE act passes...
Big pump on Zynerba pharmaceuticals NASDAQ:ZYNE
Last week we crossed important level on weekly chart and it's been followed with strong movement. I expect possible pullback to weekly SD and then rise to the next level. I recommend to look on lower TF for entry if yo uare not in the trade already. In the case you entered on the bottom then move SL under weekly SD and let it go to TP1.
We can see the same move in other instruments.
I am long on:
NASDAQ:TLRY
NYSE:ACB
NYSE:FVRR
NASDAQ:BIDU
NYSE:DASH
NASDAQ:GOOGL NYSE:NIO NASDAQ:GNUS NYSE:PFE
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Good luck!
M
This is not any financial advise, always check the market before entering any position.
$Zyne - WAG (Wild Ass Guess!)Care to guess where we are going?? $Zyne $SNDL $TLRY. Hint: Gap at $10-11
ZYNE - HUGE potential for LONGOn the W chart we have an insane HUGE triangle. And we are ready for a breakout.
Cannabis stocks very bullish so I think we will see a good gain on ZYNE this or next week.
ZYNE Awaits FDA Meeting regarding NDA.Filing for an NDA would send the stock higher. Momentum is caused by anticipation of this news. Stock could easily double from here. News is expected any moment. Positive will send the stock up 50% pre market, negative will tank it by just as much.
ZYNE Cycle DegreeThis is the time to buy. If you missed out on GWPH in the early days, this is your second chance.
Potential Bottom for ZYNEIf you don't know the company, read up.
Solid count. Bounce looks impulsive.
🚀6.80 broken, not much resistance till 10.5!Zyne has a clear breakout from the 6.8 resistance (now being established as the support). Based on the long term numbers, there is not really any key resistance till $10.50. Now the question is when?
If ZYNE' continues on the current upward trend line (Marked in dark grey), we could see it as early as mid-July 2020; Next best would be the Light Grey trend line. Any fall under these trend lines will likely just mean a 'lower high' to end of the year. A fall under the purple & red trend lines will not a good sign.
Technicals looking good and solid financials to tide them through their FDA approval, makes this like bullish overall 🚀🚀
***Yellow horizontal lines are key resistance and support levels.
ZYNE is a buy.Wave 1 and 2 completed. Wave 3 is usually the best one to ride, and it is just starting...
Dip was bought, broke above key resistance again easily ($5.40 zone). I'm in. Yalla! Let's go!
ZYNE Looks Ready to Move HigherBroke bullish from a falling wedge. This was to be expected. Looks ready to attempt to get above MA50, this time with good underlying strength.
ZYNE Moves HigherBack into the descending range that it fell out of, when markets sold off. I got in to this at $2.65 and I think I'm going to hold to a while. It is currently trading above MA20, and it looks like it is packing energy to try for the MA50.
Lots of catalysts ahead for H2 - 2020. I am long term very bullish ZYNE.
ZYNE V-Shape reversalLooking to break above Gann line, then close the bear gap before moving back to more reasonable levels. I got in a $2.65 yesterday. Looking good so far. Many catalysts ahead for Zynerba in 2020, and trial results so far, are in line with what GWPH met before they got Epidiolex approved.
With and NDA, I believe ZYNE would be a $100+ stock.
ZYNE possible to 10Watching this for a while, looks like a breakout from the wedge.
If it sticks, expect a $10 target. Price movement has not been correlated very much to the stock market
Good Luck!
Zynerba Pharmaceuticals, Inc. (ZYNE) long.All description on the chart.
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Thank you.