ZW1! is coming unto and already has defending a key trend line that's part of a large uptrend. The PPO is extremely stretched and the RSI is clocking in oversold readings. These readings in conjunction with the uptrend remaining intact offer an objective long entry. Moreover, the recent crossovers on the PPO have been particularly clean - each one on its own offering a really reliable pattern of trades, both long and short.
Kommentera:
I forgot to mention: the trading vehicle for this long idea is the exchange-traded note called WEAT.