Text me if you have any questions/comments for me.
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Z1P
- First time doing a written analysis on Z1P
- During the video analysis on 30 Sep (red arrow), I suggested waiting for a successful breakout of the counter-trendline (purple dash line) before plotting entry
- Since then, the stock hasn’t broken through the resistance while continuing to test the strong support at 6.50 levels (orange line)
- Short- and mid-term averages are not in bullish sequence
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry
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Z1P
- First time doing a written analysis on Z1P
- During the video analysis on 30 Sep (red arrow), I suggested waiting for a successful breakout of the counter-trendline (purple dash line) before plotting entry
- Since then, the stock hasn’t broken through the resistance while continuing to test the strong support at 6.50 levels (orange line)
- Short- and mid-term averages are not in bullish sequence
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry