ZRX is playing out a nice set of Elliot waves and the longer time RSI would show it has the momentum to test $1.50 over the next 4 to 8 weeks. It hit a perfect 3 target to take profit. Failed to break the weakest part of the cloud on the daily and is meeting some resistance. I would expect it to go sideways a few days or a week or so. Possibly even sub $1 buys again. I do feel at some point it will test the $1.50. Look to buy the red candle lows.
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.
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.