JZJZ had seen a very eruptive stock emission... followed by an extreme sell off.
Now the stock is heavily oversold.
Any pullback above the ma leads to a test af the targetline...or much more..
JZ trade ideas
$JZ Clearly forming a BULLISH falling wedge pattern$JZ Is clearly forming a BULLISH falling wedge .. All the conditions of falling wedge pattern have been met (Bullish divergence + declining volume etc..)
Target of this Wedge $8.36
$JZ Seems ready for a huge upward move$JZ (only 5M float) looks ready for a huge upward move like other listed IPOs did recently ($GCT, $TOP, $HKD, $MEGL, $ILAG, $MOB, $STBX and more...)
Momentum indicators shows a Bullish Divergence.. also reversal rounding bottom formation in progress + VOLUME really good.
I expect a huge bullish move after 90% sump since listed.
