Long
ZYNE Racking UP; ALGO Img.
ZYNE dips into the Ichimoku Cloud #2 before heading back up, to the top of its Cup & Handle (inside the 5 day view). As mentioned in prior posts, the 2nd Ichimoku Cloud (shaded in purple) indicates that when price enters its range, it's bound for change. See Algorithm imaging here:
https://docs.google.com/spreadsheets/d/1pfkF_A35OkXK4sUCwD8hIP1KcO6--91SuJWu8XCx0eM/edit?usp=sharing
https://docs.google.com/spreadsheets/d/1pfkF_A35OkXK4sUCwD8hIP1KcO6--91SuJWu8XCx0eM/edit?usp=sharing
Note
Cup & Handle inside the 5 day view
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