Master_of_Fine_Charts

ZOM Long

Long
AMEX:ZOM   Zomedica Corp.
Price has been consolidating in the .24-.25 range since May which is also in very close proximity to the POC (12 Month) suggesting this could be a low risk entry point as the most shares traded in 12 months has been at .2424 cents.

The Force Index is curling up, the D+ crossed the D- on the ADX and the MACD just crossed.

These indicators in addition to the most recent candle taking out the 1 Fibonacci level give a very bullish forecast.

targeting: .3036, .3655
Commentaire:
Price reached the first target and continues to look strong. Still bullish. Next stop .3655

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