ZIL recently broke out of a downwards trendand is currently finding it self in a upwards channel looking to retest the bottom of the range allowing for a potential entry point. Looking at the 8-hours and 1-day RSI, ZIL touched the bottom of the range resting the RSI and now pointing upwards showing upside potential. This could possibly allow for a entry and buy opportunity.
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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.