webman9113

Long entry in ZYNE

Long
NASDAQ:ZYNE   None
I’m not entirely happy with this play, but based on the volume and other factors on the chart, I’m going to go with it. The good: price is bouncing off the top of the cloud and is above the conversion line. The not-so-good: it pegged the conversion line, but didn’t close over it. So the conversion line may pose some resistance. Entry will be just above Friday’s high with a protective stop just below the low.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.