#ZNO Zoono Group - Falling Wedge Pattern
ZNO Zoono Group
High risk trade- i give it a 50.50 chance!
Zoono Group has appreciated a lot in 2020 due to the Corona Virus fears.
They sell a product used in sterilization and have had some increase in salesm none so that justify the current SP. Hence its a trde and not an investment at this stage
All the info is available on their website to do your own research
Falling wedge candle formation, two parallel trends, top trend has a greater angle due to making higher highs and is therefor bullish in nature
DYOR and let us know your analysis and thoughts for discussion between the group
Kind regards,
Mo (Momentum)
High risk trade- i give it a 50.50 chance!
Zoono Group has appreciated a lot in 2020 due to the Corona Virus fears.
They sell a product used in sterilization and have had some increase in salesm none so that justify the current SP. Hence its a trde and not an investment at this stage
All the info is available on their website to do your own research
Falling wedge candle formation, two parallel trends, top trend has a greater angle due to making higher highs and is therefor bullish in nature
DYOR and let us know your analysis and thoughts for discussion between the group
Kind regards,
Mo (Momentum)
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