ZOM Price Entering Correction Next Target $3.25
Updated
Pretty easy trade here. Look at waves 1 and 3. Although Wave 3 has not completed its correction, do you notice the similarities? Bolinger bands are extremely over bought. Needs to come down to earth and consolidate. In doing that we find Fib .382 which is used as support from wave 1. Using this same analysis, and when the overall trend line meets the .382 we have a buy towards the end of February. With that said, This corresponds to also what will be the hype of the product launch. A perfect storm for setting up for the final wave 5. Price targets mapped out on the graph. Let me know your thoughts!
Comment
Sorry. Not Abollo get, I meant EMA!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.