1-hour chart, the stock
ZMID is preparing to rebound from the lower channel line R.
The target should be the upper line (around 7.6) passing through some resistance levels.
Technical indicator RSI is supporting this view.
Stop loss below 7.05 should be considered.
The target should be the upper line (around 7.6) passing through some resistance levels.
Technical indicator RSI is supporting this view.
Stop loss below 7.05 should be considered.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.