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Zynerba Pharmaceuticals Inc. SCHEME II

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NASDAQ:ZYNE   None
Updated to the nearest targets and timing.
  • Price crossing anywhere above orange resistance downtrend line is the first signal of partial entry.
  • Breaking above red resistance line will be considered as a confirmed point where bears will no longer dominate the market.
  • Angles of support uptrend lines are identical and are indexed in fib based on fib channel 0 and 1. Thus, giving us rest of the fibs of potential uptrend lines to which such price action might play out.
  • Fibonacci sequence decrypts not just significant levels signaling the further resistance in case of a bullrun, but also the support levels of pullback in case of a decline.

This is an undervalued asset according to H.C. Wainwright which rated the Zynerba Pharmaceuticals Inc. as “a Buy” and gave the company’s common stock a price target of $9.
Several other experts on Wall Street have posted such reports regarding the ZYNE shares. Other experts at ROTH Capital have the stock’s price target at $12.
Let's see how this scheme will go along with the market's sentiment.

Сделка активна:
Confirming breakout signal 1
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